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Fed's Bostic: We are not going to see a recession
Inflation has come down a lot, should continueEconomy has been resilientBut business contacts say a slowdown is comingNot going to see a recession, inflation will go to 2%Don't think there will be rate cuts before middle of next yearEconomy still has a lot of momentumInflation will ebb slowly; Fed will need to be cautious, patient and resoluteAs always is the case, you don't really have to talk about the R-word unless there is a risk of it materialising. So, that sort of speaks for itself. But a...
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Posted: Oct 20 2023, 11:37
Author Name: forexlive
Views: 092072
