Bostic's Comments Highlight Hawkish Stance on Future Interest Rates

--・Verificeret officiel Binance-konto

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Bostic's hawkish stance on future interest rates signals his preference for a more cautious approach, potentially influencing the market's expectations and the Fed's future actions.

According to Odaily, financial website Forexlive reported that Bostic made some rebuttals regarding future interest rates, twice expressing a desire to see 'a few' or 'several months' of data. Of course, we won't have 'several months' of data before the September FOMC meeting. Bostic is known for his hawkish stance, so his rebuttals are not surprising. However, with the market pricing in a 26% probability of a 50 basis point rate cut in September, his comments still convey a hawkish message.

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