- Bostic expects the downward trajectory of inflation to continue.
- He anticipates a slowdown in economic activity in the upcoming months.
- Bostic acknowledges that tighter monetary policy is significantly impacting economic activity.
- He believes the path to 2% inflation will be bumpy but achievable.
- Bostic notes that companies’ pricing power is diminishing.
- He observes ongoing disinflation and a measured slowdown in economic activity.
- Fed’s Bostic feels more confident in the current economic outlook.
This article was written by Greg Michalowski at www.forexlive.com. Source