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Fed's Bostic: I don't see as much urgency to move as stated by others

Fed's Bostic: I don't see as much urgency to move as stated by others
We're not seeing inflation moving away from targetI'm comfortable waitingIf inflation seems to significantly stall, then we'll probably do moreJust take note that on the headline remark, he adds that he doesn't share the view of hiking in July - which is a view that is shared by other members of the FOMC including Powell. That certainly makes things interesting and the next consumer price inflation report is going to be a big one to test the bias of everyone ahead of the July decision... Read More
Posted: Jun 29 2023, 10:26
Author Name: forexlive
Views: 081085

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