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Fed's Bostic: feel neutral is in the 3% to 3.25% range
— PiQ (@PiQSuite) September 23, 2024
BOSTIC:
**FEEL NEUTRAL IS IN THE 3% TO 3.25% RANGE
**AS RATES FALL FED WILL DIVE MORE DEEPLY INTO ESTIMATING NEUTRAL WITH MODELS BUT ALSO WITH SURVEYS OF CONSUMERS AND BUSINESSES
Added at 8:52am
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— PiQ (@PiQSuite) September 23, 2024 BOSTIC:
**FED WILL HAVE TO LET THE POLICIES OF THE NEXT PRESIDENT PLAY OUT
**HAD EARLIER BEEN CONCERNED RATE CUTS WOULD UNLEASH PENT-UP DEMAND, BUT THAT MAY BE "SUBSTANTIALLY LESS" THAN THOUGHT
**LEVELS OF EXCESS SAVINGS HAVE DIMINISHED FOR MANY HOUSEHOLDS, BUT SOME STILL…
Added at 8:53am
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FED'S BOSTIC: LEVELS OF EXCESS SAVINGS HAVE DIMINISHED FOR MANY HOUSEHOLDS, BUT SOME STILL HAVE CASH ON HAND AND COULD FUEL DEMAND.
— FinancialJuice (@financialjuice) September 23, 2024
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- Sep 23, 2024 12:02pm Sep 23, 2024 12:02pm
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Silver-King - Joined Jul 2024 | Status: Member | 63 Comments
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- Posted: Sep 23, 2024 8:45am
- Submitted by:Category: Low Impact Breaking NewsComments: 1 / Views: 3,824
