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Fed's Bostic: If economy evolves as I expect, there would be rate cut by the end of the year
FED'S BOSTIC: IF ECONOMY EVOLVES AS I EXPECT, THERE WOULD BE RATE CUT BY THE END OF THE YEAR
— First Squawk (@FirstSquawk) August 13, 2024
Added at 1:50pm
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— PiQ (@PiQSuite) August 13, 2024
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…
Added at 2:03pm
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Fed's Bostic: At Inflection Point Where Inflation Is Nearing Target
— LiveSquawk (@LiveSquawk) August 13, 2024
- Election Not Considered When Making Fed Decision
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From @FirstSquawk|Aug 13, 2024|1 commentpost: FED'S BOSTIC: BALANCE OF RISKS IN ECONOMY IS GETTING BACK TO LEVEL post:
FED'S BOSTIC: **OUR RATE POSTURE IS RESTRICTIVE **THAT'S NOT WHERE WE WANT IT TO BE FOREVER post: FED'S BOSTIC: WOULD BE REALLY BAD IF WE CUT RATES AND THEN HAD TO RAISE THEM AGAIN post: 
FED'S BOSTIC: I AM WILLING TO WAIT FOR FIRST RATE CUT BUT IT IS COMING. post: FED'S BOSTIC: WE NEED TO MAKE SURE THE INFLATION TREND IS REAL.
From active.williamblair.com|Aug 13, 2024podcast In this episode of The Active Share, Hugo is joined by Rob Kaplan, partner and vice chairman at Goldman Sachs and former president and CEO of the Federal Reserve Bank of ...
From cmegroup.com|Aug 13, 2024At July 31 meeting, the Federal Reserve (Fed) an openness to cutting rates in September. A subsequent selloff in the equity market triggered by weak US data led fixed-income ...
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From theguardian.com|Aug 13, 2024The UK jobs market bucked predictions of a further weakening in June after official figures showed unemployment fell and wages stayed well above inflation, sending the value of ...
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- Posted: Aug 13, 2024 1:48pm
- Submitted by:Category: Low Impact Breaking NewsComments: 4 / Views: 3,353
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