Atlanta Federal Reserve Bank

Atlanta Federal Reserve Bank President Raphael Bostic said on Friday he does not think the U.S. economy is heading into a recession and that stimulus from the Fed should help overcome “bumps” in the road to prolong the expansion.

Fed officials are assessing the downside risks of trade disputes and of geopolitical tensions to determine if the U.S. economy is headed for a “soft landing” or a “steep decline,” Bostic said.

MCX ADVISORY COMPANY