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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
Posted: Jan 6 2023, 15:09
Author Name: forexlive
Views: 111596