Fed’s Bostic: Significant risk that upward pressure on prices will be around for some time

Forex Short News
  • Tariffs have not been set quickly, leaving firms uncertain what final rates will be and waiting to make pricing decisions
  • The Fed must be more explicit in how it discusses jobs mandate
  • The job market is basically at target, allowing the focus to remain on inflation
  • Recent inflation data has been at target in recent months but all forward-looking signs indicate it will go higher
  • If the job market started to deteriorate with higher unemployment or employers planning layoffs, that would have to be considered
  • At some point government debt will have implications in the market place, crowding out other investments
  • That will have implications for mon pol and its efficacy

He isn’t giving away much here.

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