Fed's Bostic: Inflation is excessive, however they’ve seen plenty of progress

• Inflation is excessive however they’ve seen plenty of progress
• Outlook is for inflation to proceed on path to 2%
• Have to see extra information to see if January inflation was a bump or a development
• Fed coverage is restrictive and desires to remain restrictive.

Bostic feedback are just like different feedback made lately. He’s for maintaining charges regular. Nonetheless sees as much as 2 cuts, and so on.

This text was written by Emma Wang at www.ubaidahsan.com.



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