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Bostic: I want us to hold rates steady 'for a long time'
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FED'S BOSTIC: WOULD BE OPEN TO A "ROBUST" REVIEW OF 2% AFTER IT HAS BEEN REACHED
— *Walter Bloomberg (@DeItaone) October 3, 2023
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post: BOSTIC: FED STILL HAS A WAYS TO GO TO GET INFLATION BACK TO TARGET post: FED'S BOSTIC: FED IS IN RESTRICTIVE TERRITORY AND THAT IS HELPING INFLATION FALL post: FED'S BOSTIC: THE QUESTION NOW IS HOW FAST THE ECONOMY WILL SLOW. post: FED'S BOSTIC: THE ECONOMY HAS BEEN INCREDIBILY RESILIENT, BUT THE "FERVOR" OF SPENDING AND INVESTMENT HAS DECREASED post: FED'S BOSTIC: ECONOMY IS "GETTING BACK INTO BALANCE" BOSTIC: FED SHOULD "LET THE WORLD MOVE" AND BE PATIENT AS LONG AS INFLATION CONTINUES TO SLOW
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- Posted: Oct 3, 2023 8:51am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,308