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Fed Bostic wants rate at 5-5.25% until well into 2024

Fed Bostic wants rate at 5-5.25% until well into 2024
Atlanta Fed President Raphael Bostic said Fed should hike by 50bps to 5.00-5.25%, and hold it at that level until well into 2024. “We must determine when inflation is irrevocably moving lower,” he wrote in an essay. “We’re not there yet.” “That’s why I think we need to raise the federal funds rate to between […] The post Fed Bostic wants rate at 5-5.25% until well into 2024 appeared first on Action Forex... Read More
Posted: Mar 1 2023, 15:17
Author Name: actionforex
Views: 082279

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