Atlanta Fed president Raphael Bostic says it’s a tough time to be a central banker. Plus: Meta’s chipmaking deal and the ongoing U.S.-China trade struggle.
Bostic, president and CEO of the Federal Reserve Bank of Atlanta, is retiring from his position at the end of the month.
Average tariffs on Chinese goods are coming down, but both sides still have considerable leverage.
Namely, the deal secures Meta millions of chips, a share in the chipmaker, and a diversified supply chain.