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Wall Street Mav

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a year ago

Fed's Bostic: "I don't have a recession in my outlook" (translation: Recession coming) "We won't be able to reduce rates until towards end of the year." (translation: when recession starts, we cut) "The pathway to 2% inflation will be slower than people expect, and bumpy."

Fed's Bostic: "I don't have a recession in my outlook" (translation: Recession coming) "We won't be able to reduce rates until towards end of the year." (translation: when recession starts, we cut) "The pathway to 2% inflation will be slower than people expect, and bumpy."