Fed’s Bostic: Ready to ‘move away’ from large rate increases at next meeting

Capt. John

Atlanta Federal Reserve President Raphael Bostic said Saturday he is ready to “move away” from three-quarter-point rate hikes at the Fed’s December meeting and feels the Fed’s target policy rate need rise no more than another percentage point to tackle inflation. “If the economy proceeds as I...

https://www.hellenicshippingnews.com/feds-bostic-ready-to-move-away-from-large-rate-increases-at-next-meeting/

Leave a Comment