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Atlanta Fed's Bostic Says Base Case Is That Inflation Remains On Track To Reach 2%; Not Going Into December Meeting With A Sense That The Outcome Is Preordained, Coming Data Will Be Important; Keeping Options Open; Still An Open Question How Fast And...

Benzinga ·  Dec 3, 2024 01:02

Atlanta Fed's Bostic Says Base Case Is That Inflation Remains On Track To Reach 2%; Not Going Into December Meeting With A Sense That The Outcome Is Preordained, Coming Data Will Be Important; Keeping Options Open; Still An Open Question How Fast And By How Much Rates Need To Be Cut To Keep Inflation Declining While Avoiding Undue Damage To The Job Market; Risks To Inflation, Employment Mandates Are Roughly In Balance, Justifies Move Towards Neutral Monetary Policy

- Reuters

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