Investing.com -- According to Atlanta Federal Reserve President Raphael Bostic, U.S. businesses may be on the verge of price increases as strategies to delay changes due to higher import taxes are running out. This could potentially lead to changes in employment as well.

Bostic made these remarks on Tuesday at an Atlanta Fed conference in Florida. He noted that the tariff impact has not yet fully manifested in the numbers, as many businesses have been building inventories and using other strategies to buffer against the tariffs. However, these strategies seem to be nearing their end.

Bostic further added that if these pre-tariff strategies have indeed run their course, we can expect to see some changes in prices. This will also provide insight into how consumers will react to these price changes. The economy may be on the brink of a wave of price increases as a result.

The Atlanta Federal Reserve President’s comments suggest a potential shift in the economic landscape, with businesses having to adapt to the new conditions brought about by the tariffs. However, the exact impact of these changes remains to be seen as they depend on how consumers respond to the anticipated price increases.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.