Fed’s Bostic: The economy is slowing down but slowing down slowly

  • Wage growth is happening faster than the inflation rate
  • I’m grateful of the progress we’ve made on inflation and grateful the economy continues to grow

Is this slow enough for him?


  • If inflation stalls out, we won’t have any option but to respond
  • I’d have to be open to increasing rates if inflation stalls out or goes in the other direction
  • Getting inflation under control is very important

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