Fed's Bostic: Needed To Move Policy Rate Because Risks Had Shifted; Neutral Policy Rate Is In 3 To 3.5% Range; There's A Ways To Go To Get To Neutral; Not In A Rush To Get To Neutral; Will Be Patient; Expect To Get To 2% Inflation Near End Of 2025;...

Benzinga · 01:29

Fed's Bostic: Needed To Move Policy Rate Because Risks Had Shifted; Neutral Policy Rate Is In 3 To 3.5% Range; There's A Ways To Go To Get To Neutral; Not In A Rush To Get To Neutral; Will Be Patient; Expect To Get To 2% Inflation Near End Of 2025; That Should Be The Timetable For Getting Rates To Neutral

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Fed's Bostic: Needed To Move Policy Rate Because Risks Had Shifted; Neutral Policy Rate Is In 3 To 3.5% Range; There's A Ways To Go To Get To Neutral; Not In A Rush To Get To Neutral; Will Be Patient; Expect To Get To 2% Inflation Near End Of 2025;...

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