According to Odaily Planet Daily, Fed Chairman Bostic said that the current inflation is too high and there is still a long way to go to solve the inflation problem. He predicted that the path to 2% inflation will be slower and bumpier than people expected, and interest rates will not be lowered before the end of the year.
See original
Fed's Bostic: Inflation is too high, the path to lower rates will be slow and bumpy
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 4
