Federal Reserve official Raphael Bostic has voiced concern over economic uncertainty stemming from tariffs and other policies during the Trump administration. This uncertainty, according to Odaily, has resulted in a slowdown of the U.S. economy. Bostic advises against significant policy changes until clearer guidance emerges on these matters. He highlights that the future trajectory of the economy hinges on the specifics of these unclear policies, which may lead to delayed inflation targeting. Specifically, tariffs are predicted to increase prices, potentially pushing inflation back toward the Federal Reserve’s 2% target only by 2027, significantly longer than initial projections. **Bostic also predicts a potential slowdown in economic growth this year, with GDP growth anticipated to exceed 1%, but still fall short of recent rates.** He remains tight-lipped on whether interest rate cuts are planned for the remainder of the year, as he previously stated in March.