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Fed's Bostic: Balance of risks in economy is getting back to level
FED'S BOSTIC: BALANCE OF RISKS IN ECONOMY IS GETTING BACK TO LEVEL
— First Squawk (@FirstSquawk) August 13, 2024
Added at 1:45pm
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— PiQ (@PiQSuite) August 13, 2024
FED'S BOSTIC:
**OUR RATE POSTURE IS RESTRICTIVE
**THAT'S NOT WHERE WE WANT IT TO BE FOREVER
Added at 1:46pm
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FED'S BOSTIC: WOULD BE REALLY BAD IF WE CUT RATES AND THEN HAD TO RAISE THEM AGAIN
— Capital Hungry (@Capital_Hungry) August 13, 2024
Added at 1:47pm
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— FinancialJuice (@financialjuice) August 13, 2024
FED'S BOSTIC: I AM WILLING TO WAIT FOR FIRST RATE CUT BUT IT IS COMING.
Added at 1:48pm
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FED'S BOSTIC: WE NEED TO MAKE SURE THE INFLATION TREND IS REAL.
— FinancialJuice (@financialjuice) August 13, 2024
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- Aug 13, 2024 1:49pm Aug 13, 2024 1:49pm
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purplax - | Joined Apr 2024 | Status: Member | 13 Comments
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From @FirstSquawk|Aug 13, 2024|4 commentspost: FED'S BOSTIC: IF ECONOMY EVOLVES AS I EXPECT, THERE WOULD BE RATE CUT BY THE END OF THE YEAR post:
FED'S BOSTIC: **HOUSING INFLATION HAS COME DOWN IN AN IMPORTANT WAY THE LAST COUPLE OF MONTHS **UNEMPLOYMENT RATE IN GRAND SCHEME OF THINGS IS STILL HISTORICALLY LOW **STILL A STRONG, SOLID LABOR MARKET **BUT WE NEED TO MAKE SURE WE DON'T GO FROM A HOT LABOR MARKET TO… post: Fed's Bostic: At Inflection Point Where Inflation Is Nearing Target - Election Not Considered When Making Fed Decision
From youtube.com/markets|Aug 13, 2024Sarah House, senior economist for Wells Fargo Corporate and Investment Banking, breaks down July's producer price index data, looks ahead to Wednesday's consumer price index print ...
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- Story Stats
- Posted: Aug 13, 2024 1:44pm
- Submitted by:Category: Low Impact Breaking NewsComments: 1 / Views: 2,996
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