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Fed's Bostic: Holiday shopping numbers could influence FOMC decision
Bostic is highlighting how the next FOMC decision -- either 25 or 50 basis points -- will depend on economic data. He earlier highlighted employment numbers as a key input and now says that holiday shopping numbers could also influence the decision if consumers prove more or less resilient.
The market is pricing in a 75% chance of 25 bps points now and the remainder at 50 bps. A few days ago it was an even split.
This article was written by Adam Button at www.forexl... Read More Posted: Jan 6 2023, 18:19
Author Name: forexlive
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