$USDC US-China trade tensions cast a shadow

Bostic indicated that the 90-day delays in implementing reciprocal tariffs, along with the recent easing in trade relations between the United States and China, are factors whose final outcomes remain unclear at this time. When asked during the podcast, which aired on Friday, whether the recent trade truce between the United States and China had affected his expectations, he replied: "A little."

Bostic had stated last week that he does not see it as wise to "make changes in monetary policy with this little clarity about the future path." Federal Reserve officials decided to keep interest rates unchanged at their last meeting, and indicated that there are increasing risks regarding unemployment and inflation simultaneously. Federal Reserve Chairman Jerome Powell emphasized that the central bank is not in a hurry to lower borrowing costs.