Federal Reserve Bank of Atlanta President Raphael Bostic speaking on monetary policy in a moderated conversation hosted by Emory University, in Atlanta, Ga:
Right now range of possible outcomes has multipliedBoundaries of what I thought could be possible have been blown upLabor market is effectively at full employmentSays inflation still much higher than targetNot in a position to move boldy in any directionNeed more claritythe fog has gotten really thickeconomy in a big pausebusinesses and households not confident on making big investmentstariffs mean prices are likely to go up, so the timing of reaching the inflation target is likely to be pushed outsee growth over 1% this yearwhere economy will land depends on where administration policy landsmoving boldly with policy wouldn't be prudent This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about fed s bostic inflation still much higher than target was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Fed's Bostic - inflation still much higher than target )
Last updated :
Also on site :
- Natural gas line rupture stops traffic on 5 Freeway in Castaic
- 30–35 terrorists on radar: Army steps up counterterror ops in J&K; intense vigil amid 'Chillai Kalan'
- No. 20 Virginia notches first 11-win season by beating 25th-ranked Missouri in the Gator Bowl