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Fed's Bostic: Today's jobs data does not change my outlook

Fed's Bostic: Today's jobs data does not change my outlook
  • Jobs picture is 'rock solid'
  • Wages are not driving inflation dynamic but we need to be on top of it if something changes
  • I think unemployment is going to rise a little bit
  • Sees unemployment rising to 4% this year (from 3.5% today)
  • We still need to stay the course, inflation is too high
  • Recession is not my baseline
This article was written by Adam Button at www.forexlive.com... Read More
Posted: Jan 6 2023, 15:09
Author Name: forexlive
Views: 111596

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