Raphael Bostic states Fed wants to ‘stay the course’ irrespective of reduced wage gains

Raphael Bostic states Fed wants to ‘stay the course’ irrespective of reduced wage gains


Essential Details
  • Atlanta Fed President Raphael Bostic said Friday that December’s employment report isn’t going to transform his look at on monetary coverage.
  • “We have obtained to remain the system,” he said, including that he expects a further quarter- or 50 percent-issue rate hike when the Fed releases its upcoming final decision on Feb. 1.



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