By Michael S. Derby

(Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday inflation risks are still in play in the U.S. economy, although he noted that thus far President Donald Trump’s import tax hikes have not pushed up prices the way they were expected to.

“Business leaders are telling us they are definitely feeling the cost pressures and it is becoming increasingly difficult to prevent those from flowing into prices that are faced by consumers and by their customers,” Bostic said during a live taping of the Macro Musings podcast.

When it comes to inflation, “I actually think there’s still more to come” on that front.

While the president’s tariffs are one of the main upward pressures on inflation right now, Bostic said when it came to how much the tariffs

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