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Fed's Bostic: Recent developments are consistent with us hiking one more time

Fed's Bostic: Recent developments are consistent with us hiking one more time
That can allow the Fed to pause and reassessWe've got a lot of momentum suggesting that we're on the path to 2%Still need to assess the economy, inflation path in order to avoid unnecessary economic damageRate increases in the past year now only starting to 'bite'; full impact may take some timeThe messaging is consistent with the prevailing view seen in Fed funds futures, that the Fed only has one more rate hike to go in May before pausing in June. But mind you, markets are also looking to rate... Read More
Posted: Apr 14 2023, 10:02
Author Name: forexlive
Views: 102254

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