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"There's a lot of transition that's happening, and in the midst of this transition it's hard to know exactly where things are going to land," Bostic said at an event hosted by the Birmingham Business Journal. The Federal Reserve will hold its next policy-setting meeting on March 18-19. President Donald Trump, since his January inauguration, has introduced a series of tariff actions followed by partial rollbacks or reprieves that have whipsawed industry and financial markets and contributed to financial market bets on earlier and additional Fed rate cuts.

JPMorgan said this week that rising uncertainty around tariffs and layoffs is creating the potential for a "negative feedback loop" to hit the economy.

Shiba Inu burned 20 million SHIB, boosting its daily burn rate by 34.24%, but the price remains down 60% from post-election highs.

Stocks fell Thursday afternoon as President Donald Trump's pledge to temporarily exempt many imports from his 25% tariffs failed to deter a wider sell-off.

President Trump plans to host cryptocurrency executives at the White House on Friday, a crypto summit that could offer new insight into the administration’s agenda regarding digital assets.

U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald threatens a trade war, purges the federal workforce and promises to deport millions of immigrants. The Labor Department reported Friday that hiring was up from a revised 125,000 in January. The unemployment rate rose slightly to 4.1% as the number jobless Americans rose by 203,000.

The Treasury secretary sought Thursday to persuade nervous investors that President Donald Trump’s economic policies are part of a larger, coherent vision.