Fed's Bostic: 50 basis points is a pretty aggressive move, Fed can stay at that pace

  • Comments from Bostic
  • By the end of 2023, Fed needs to be somewhere in the neutral range, defined as 2-2.5%
  • All options on the table at every meeting, depends on how economy responds
  • There is a lot of momentum in the economy
  • We have a strong job market
  • Maybe there's some evidence of inflation softening just a hair

I'm not sure he didn't mean 2022 here.

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