Open Demo Account
Home / Market Update / Forex Market / Fed’s Bostic: Inflation too high, have to get it under control

Fed’s Bostic: Inflation too high, have to get it under control

Mohamed Abdelhamid 18 October, 2022 10:29 pm Forex Market, Market Update

Raphael Bostic, the head of the central bank’s Atlanta district has said that inflation is too high and they have to get it under control.

“There is a need for stable prices for maximum employment growth”, Bostic added, boosting bets concerning the continuation of the Fed’s hawkish stance during the next November’s FOMC meeting.

Tags

Check Also

U.S. Economy’s Unexpected Surge: Defying Tariffs and Higher for Longer Interest Rates

The U.S. economy is proving to be far more resilient than initially thought. Recent data …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends