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Fed's Bullard: Thought quarter point hike this week was a good step

Fed's Bullard: Thought quarter point hike this week was a good step
Thought quarter point hike this week is a good stepThis moves puts Fed above 5%, but there is a lot of inflation in the economyShould not have recession as a base caseBase case is slow growth, declining inflationToday's jobs report again stronger than expectedLabor market is very tight and will take time to coolRegional banks have hasd a couple of issues but represent a small share of US finanical intermediateionSense is that regional banks will do just fineTop takeaway from Barr Report is that... Read More
Posted: May 5 2023, 17:21
Author Name: forexlive
Views: 110441

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