Fed's Bostic: Rate hike shouldn't be required to reach 2% inflation goal
Source Fxstreet
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Thursday during an interview with Fox Business that the Atlanta Fed head doesn't believe further rate hikes should be required to reach the Fed's 2% annual inflation target.
Key highlights
The inflation outlook will come down very slowly.
The Fed needs to stay in a restrictive stance.
I don't think a rate hike will be required to reach the 2% goal.
The economy continues to grow, but it's growing at a slower pace.
I expect to reach the inflation goal without an unemployment jump.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The dollar weakened, equities fell, and gold set new records on Wednesday as investors waited for a Fed rate cut later in the day.
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Bitcoin network realizes $1.99 billion in losses, rivaling the 2022 Luna crash, though analysts view the $67,000 flush as a cyclical cleanse rather than a structural breakdown.
Silver price (XAG/USD) recovers some lost ground to near $76.60 during the Asian trading hours on Friday. The white metal suddenly fell late Thursday, pushing silver down more than 11%.
Bitcoin is nearing a level on the MVRV ratio that historically lines up with market “undervaluation,” according to CryptoQuant contributor Crypto Dan, as traders look for signs that a four-month
