Federal Reserve Bank of Atlanta President Raphael Bostic:
US economy performing quite wellFairly confident inflation will get to 2% targetI don’t have a recession in my outlookExpects inflation to be choppy, and employment to remain robustMy dot was 25bp more in 2024 beyond the September 50 bp cutI am keeping my options open
On his ‘my dot’ comment, I think he means he sees another 25bp cut this year and that’s all.
This article was written by Eamonn Sheridan at www.forexlive.com.
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