Fed is carefully watching disaster in Ukraine, Bostic says

© Reuters. FILE PHOTO: Federal Reserve Financial institution of Atlanta President Raphael Bostic participates in a panel discussion on the American Financial Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christop

(Reuters) – The Federal Reserve is carefully watching the disaster in Ukraine for any economic or monetary impacts on the USA, Atlanta Federal Reserve bank President Raphael Bostic stated on Thursday.

“Events this day in the Ukraine are on all of our minds. We’ll be watching this carefully here in Atlanta and at some level of the Federal Reserve plot to assess the industrial and monetary impacts,” Bostic stated in the midst of a digital match hosted by the Atlanta Fed.

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