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Fed's Bostic: With positive data, I could support 3 cuts this year
FED'S BOSTIC: WITH POSITIVE DATA, I COULD SUPPORT 3 CUTS THIS YEAR.
— FinancialJuice (@financialjuice) February 16, 2024
Added at 11:17am
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FED'S BOSTIC: GOAL IS TO GET TO NEUTRAL RATES AND LET ECONOMY MOVE ON ITS OWN #News #Markets #live
— Capital Hungry (@Capital_Hungry) February 16, 2024
Added at 11:17am
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FED'S BOSTIC: IF THE ECONOMY PERFORMS WELL, I'M OK WAITING LONGER TO CUT.
— FinancialJuice (@financialjuice) February 16, 2024
Added at 11:18am
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❖ BOSTIC: WANTS TO BE CAREFUL ABOUT PUSHING BALANCE SHEET CUTS TOO FAR
— *Walter Bloomberg (@DeItaone) February 16, 2024
Added at 11:26am
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Bostic highlighted something specific to watch for in the PCE report:
— ForexLive (@ForexLive) February 16, 2024
"If you look at the dispersion of prices, almost one-third of the PCE basket has price increases over five per-cent. That's 50 per-cent higher than what you would see ordinarily. So when you have lots of… pic.twitter.com/VpiG2mhNDW
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