Fed's Bostic: Not sure yet how sanctions on Russia will impact economy By ross_burland Fed
Dr. Raphael W. Bostic who is the chief executive officer of the Federal Reserve Bank of Atlanta is currently speaking and has said that the US economy is "still quite strong" as officials try to figure out the economy "in real time".
Bostic said companies and output remain constrained by the inability to find workers but when it comes to demand and spending, "people are ready to go".No clear evidence demand will fall off in the coming months; growth is expected to continue.Not sure yet how sanctions on Russia will impact economy.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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