Fed's Bostic: Inflation will fall very slowly
needs to maintain a restrictive stance; doesn't see a rate cut in July but is open to it if data testifies to it; is looking at services inflation for signs of improvement; doesn't think it needs to hike rates to reach 2% target; economy continues to grow but at a slower rate; expects to achieve the unemployment rate without a significant rise in the Inflation target; if it is appropriate to cut rates in September, we will do so, this is not a political decision.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SOL Surpasses 200 USD
All Three Major U.S. Stock Indexes Close Higher, Dow Hits Another Record High
Dow Jones closes up 846.24 points, S&P 500 and Nasdaq also rise
All Three Major U.S. Stock Indexes Close Higher, Intel Rises 5.5%
Trending news
MoreCrypto prices
More








