Forex
globalreutersMay 10, 20241 Mins read
Fed is still on track to cut rates this year but timing is uncertain – Bostic
globalreutersMay 10, 20241 Mins read - I still have that belief that we can lower rates this year
- We’re hearing from pretty much everyone that pricing power is pretty much at its limit
- That should help with further progress on the inflation front
- We are still seeing robust job growth
- It may take a while for labour market conditions to ebb further
- Still sees a single 25 bps rate cut as being likely for this year
This article was written by Justin Low at www.forexlive.com.
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