Atlanta Federal Reserve President Raphael Bostic still sees some reasons why inflation could continue to cool to end the year lower.

Atlanta Federal Reserve Bank President Raphael Bostic on Thursday said new policies under the Trump administration are putting the U.S. economy into "incredible flux," making it unlikely that the Fed will have enough clarity to move on policy before late spring or summer.

"Today, my outlook is that inflation is on the path to get back down to 2%," Atlanta Fed President Raphael Bostic said on Wednesday at the Urban Land Institute Housing Opportunity Conference. Still, he has always expected that the path would be bumpy.

New policies under the Trump administration are placing the U.S. economy in "incredible flux," Atlanta Federal Reserve Bank President Raphael Bostic said on Thursday, and he suggested it is