Fed's Bostic - Balance Sheet runoff not seen as significant tightening

Omkar Godbole FXStreet Contributor

Comments from Atlanta Fed President Bostic crossing the wires via Bloomberg-

Balance sheet roll off start not seen as significant tightening
Size of Federal Reserve balance sheet once normalised is an open question
Hurricanes won't knock US economy off track
US economy appears to be on a solid footing
Inflation to drift up to 2% over the next year or so

The Fed is set to begin the process of balance sheet normalization from this month.

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Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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