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Fed's Bostic: If I was voting now, I would vote to hold rates in June

Fed's Bostic: If I was voting now, I would vote to hold rates in June
I've got to keep a possible rate hike on the tableStill a ways to go on inflationWe've made really good progress on inflationPricing power is not nearly as clear as it has beenI'm hearing much less about businesses being able to pass through prices increases to consumersI expect inflation to be in the high 3s at year endI don't think we will cut rates this year but the scenario for a rate cut would be for inflation to come down quickly this yearThe market has already voted on the June FOMC meeti... Read More
Posted: May 15 2023, 18:07
Author Name: forexlive
Views: 110799

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