by FarrisAT
www.reuters.com/markets/us/bostic-baseline-is-pause-rate-hikes-september-assess-impact-2022-05-23/
It “might make sense” for the Federal Reserve to pause further interest rate hikes following expected half-point rate increases over the next two months as the central bank assesses the impact on inflation and the economy, Atlanta Fed President Raphael Bostic said on Monday.
Bostic’s comments are the most overt suggestion yet that the Fed might see enough progress on inflation — or enough weakness in the economy — to pause its rate increases as soon as September to take stock.
———
Signal or noise? Did the Fed blink? We will have a far different economy in September of course. But the assumption that inflation will fall is questionable for anyone who actually pays for their own gas/food/goods the last few months. Personally, I expect the economy, equities, and inflation to all dip by September so I think Bostic is right for the wrong reasons.
- Biden Tells NATO That the US Supreme Court is Destabilizing the World
- Rationing Has Already Started In Europe As The Entire Globe Plunges Into A Horrific Economic Nightmare
- Liz Cheney is gonna get smoked by this woman…
- Democrats don’t want to hear it, but this needed to happen…
- Are You Willing To Suffer Through A Recession For The Good Of “The Liberal World Order”?
- Black Privilege is Real in America
- A Quick Word on EVs and Oil Prices
- Zelensky Orders NATO to Pay $5 Billion a Month to Cover Costs of Pretending There’s a Chance to Win
- ‘Highly comical but sinister’ London LGBTQ+ flag display
- American Hypersonic Missile Test Fails Miserably
Views: 36