Fed’s Bostic: I don’t see a rate cut in July but I am open if data justifies

  • The outlook is inflation will come down very slowly
  • The economy continues to grow but it’s growing at a slower pace
  • I expect to reach the inflation goal without an unemployment jump

The July comment is surprisingly dovish, from a guy who is often a hawk.

This article was written by Adam Button at www.forexlive.com. Source