Fed's Bostic: risks to economy on upside and downside are almost perfectly in balance

Ross J Burland FXStreet

We have had a series of Fed speakers coming forward this week and dove R. Bostic has come forward with a neutral outlook.

Fed's Bostic: risks to the economy on upside and downside are almost perfectly in balance.
Fed's Bostic: lack of clarity on trade policy is causing some businesses to wait on investments.
Fed's Bostic: there's a lot of upside potential for household spending.
Fed's Bostic: stimulus from us tax reform has not happened as quickly as he expected.
Fed's Bostic: us economy is performing quite well, at full employment and inflation at 2% goal.
- repeats view that with economy standing on its own, monetary policy should be neutral.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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