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Ex Fed Pres. Bullard: The story of US recession is not materializing

Ex Fed Pres. Bullard: The story of US recession is not materializing
The story of US recession is not materializingStrong jobs report confirmed a reacceleration of the US economyHigher for longer for the FedYes we are getting some disinflation which is good, but core PCE at 3.8% is good but still nearly double the 2% targetMy hope is we contain inflation, get it down to 2% and then have a period of growthBanks have weathered the banking storm so far. Larger banks have not had problems.Banks are managing through riskMaybe one more rate hike. Being data dependent... Read More
Posted: Oct 9 2023, 14:59
Author Name: forexlive
Views: 092076

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