Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that the central bank could be in position to pause the current tightening cycle by mid to late summer. He favors a 25 basis points rate hike in March but warned they are “watching” incoming data, that shows high inflation and a strong labor market. He will adjust the rate outlook if data comes in stronger.
According to him, risks are now roughly balanced. He added that a debate is underway at the Fed about how much influence is having the current tightening in the economy. Despite “some attenuation” of inflation, the Fed must remain resolute in controlling inflation. There is still a “long way to go”.
Bostic mentioned that businesses say they are expecting a slowdown in the pace of wage increases but they still plan to hire more workers.
Regarding chances to monetary policy, Bostic argued that slow and steady modifications should reduce the risk of “hard” outcomes. He said it is appropriate to be cautious so the Fed does enough to control inflation, doing no more than what they need to.
Stocks in the US moved higher following Bostic’s comments and the US Dollar pulled back modestly. The Dow Jones is up by 0.85% and the Nasdaq gains 0.32%. The DXY is off highs, hovering around 105.00, consolidating a daily gain of around 0.55%.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.