US economy may be on the brink of price-hike wave, Fed's Bostic says

AMELIA ISLAND, Florida (Reuters) -U.S. businesses may have run out of strategies to delay changing prices or employment in response to higher import taxes, with the economy possibly on the brink of a wave of price increases, Atlanta Federal Reserve President Raphael Bostic said on Tuesday. "If these pre-tariff strategies have run their course, we're about to see some changes in prices, and then we're going to learn how consumers are going to respond to that."

Reuters

32 minutes ago