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Fed's Bullard (non-voter)

Base case remains relatively slow growth for the rest of the year and into 2024Recession arguments are overstatedThe September median of the Fed funds target of 5.11% (dot plot) was based on slow growth and inflation improvements that have not occurredThe Fed will have to go higher on policy rate perhaps 50 basis points more hiking this year (the current rate is 5.25%)Wants to fight inflation while the labor market is strongCompanies still scrambling for workers. Job growth above trendCore measu... Read More

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Fed

Bullard

Non

Voter

non voter

Forex

Posted: May 22 2023, 12:40

Author Name: forexlive

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