Forex
globalreutersFebruary 26, 20251 Mins read
Fed’s Bostic: Inflation is high, but they have seen a lot of progress
globalreutersFebruary 26, 20251 Mins read - Inflation is high but they have seen a lot of progress
- Outlook is for inflation to continue on path to 2%
- Need to see more data to see if January inflation was a bump or a trend
- Fed policy is restrictive and needs to stay restrictive.
Bostic comments are similar to other comments made recently. He is for keeping rates steady. Still sees up to 2 cuts, etc.
This article was written by Greg Michalowski at www.forexlive.com.
Related Articles
Citi predicts that the U.S. will implement a 25% tariff on copper imports by Q4 2025
The info on Cit's outlook comes via a gated Reuters report. In...
Washington Post reports the IRS will close down 120 offices
Washington Post reports the US tax department, the Internal Revenue Service (IRS)...
US Commerce Secretary Howard Lutnick says April 2 is baseline reciprocal tariff data
Commerce Secretary Howard Lutnick says April 2 is baseline reciprocal tariff data....
Japan – Seven & i to give up management buyout after Itochu withdraws
Seven & i Holdings, the Japanese conglomerate known for its 7-Eleven convenience...
Leave a comment