Despite Bostic Fearmongering, Fed’s Own Inflation Survey Shows No Signs of Tariff Tantrum
7th August 2025
Well, this is going to become a little awkward…
While some on The Fed believe that tariffs will unleash the worst parts of stagflationary hell on the average American (and therefore they should not cut rates), it appears the ‘Americans’ themselves are far less concerned.
This morning we heard Atlanta Fed President Raphael Bostic reiterate that there are reasons to be skeptical that the inflationary effects from tariffs will be temporary.