Fed's Bostic: US inflation is not so far away from Fed target

Eren Sengezer FXStreet

Atlanta Fed President Raphael Bostic crossed the wires in the last minutes arguing that the inflation in the U.S. was not "so far away" from the Federal Reserve's target to unanchor expectations.

Key quotes (via Reuters)

Financial stability a risk that is "always on the list" but not risen to crisis levels yet.
Lack of wage pressure suggests natural rate of unemployment may be lower than previously thought.

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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