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Fed's Bostic says would be happy to hike by 25bp if business contacts confirm slower CPI
Federal Reserve Bank of Atlanta President Raphael Bostic
- Inflation report today was welcome news and may allow the Fed to move more slowly
- Would be comfortable moving at 25 basis points if conversations with business leaders are consistent with slowing inflation
- Signs of slowing wage increases "also positive"
- Economy still producing more than 200k a month, means a lot of momentum in the economy; baseline is economy will not see significant job dislocation<... Read More
Posted: Jan 13 2023, 00:26
Author Name: forexlive
Views: 110745