Fed Bostic: We can dial back from 75bps if inflation is clearly slowing

In a blog post, Atlanta Fed President Raphael Bostic said, “I don’t think we are done tightening”. As inflation remains “too high”, Fed’s policy stance ” will need to move into restrictive territory if inflation is to come down expeditiously.” However, he added, “incoming data—if they clearly show that inflation has begun slowing—might give us reason […]

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