Fed’s Bostic: “Fully comfortable” moving rates higher if inflation not moving down significantly By anilpanchal7 Fed Inflation NewsTrading EURUSD
crossed wires during an interview with MarketWatch as he said that his suggestion that the central bank takes a September “pause” in its push to raise interest rates should not be construed in any way as a “Fed put,” or belief that the central bank would come to the rescue of markets.I think it’s a good tale on some level for storybooks, but it’s not driving how I’m thinking about policy.“was far stronger than what we’ve historically seen.
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