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Fed's Bostic: Confidence in 2025 economic outlook has diminished

Fed's Bostic: Confidence in 2025 economic outlook has diminished

Bitget2025/02/19 21:24

Fed's Bostic said that confidence in the economic outlook for 2025 has diminished. In the economic outlook is difficult to take all potential policy changes into account; not expected inflation progress will show a straight line trend. Fed did not cut rates significantly last year and policy remains binding; satisfied with pause in rate cuts to observe economic developments. The Fed was approaching the threshold level of its balance sheet, with the debt ceiling being a factor in determining this; would like to keep a day-to-day eye on the balance sheet to ensure that asset drawdown was not excessive.

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