Federal Reserve Bank of Atlanta President Bostic is in a moderated conversation on “Economic Outlook and Leadership” before the American Economic Association Conference on Teaching and Research in Economic Education:
- inflation path will be bumpy
- general inflation trend is down
- path to 2% inflation is not assured
- job market is tight, but not as much as it was
- breadth of price gains still significant
- less inflation breadth would add to confidence for a rate cut
This article was written by Eamonn Sheridan at www.forexlive.com. Source