Fed’s Bostic: Robust economy allows for unhurried monetary easing without oppressive urgency

Atlanta Fed President Raphael Bostic noted there has been “substantial and gratifying progress” in reducing inflation’s pace, but he warns against premature celebrations. While inflation is expected to continue to decline, it would be “more slowly than the pace implied by where the markets signal monetary policy should be,” Bostic said in a speech overnight. […]

The post Fed’s Bostic: Robust economy allows for unhurried monetary easing without oppressive urgency appeared first on Action Forex.