Fed's Bostic: Policy direction 12-18 months out not as clear as in past

Eren Sengezer FXStreet

Atlanta Fed President Raphael Bostic recently crossed the wires arguing that the policy direction in 12-18 months from today was not as clear as it was in the past.

Key quotes (via Reuters)

Factors clouding outlook include global growth, Brexit.
Fed has tried to pull back and not be as stimulative.
Monetary policy is on the end of an entire arc.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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