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Bostic says Fed is going to be comfortable with a bit more volatility in inflation
BOSTIC SAYS FED IS GOING TO BE COMFORTABLE WITH A BIT MORE VOLATILITY IN INFLATION
— *Walter Bloomberg (@DeItaone) October 12, 2021
Added at 1:00pm
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FED'S BOSTIC: I SEE LITTLE EVIDENCE THAT PRESENT INFLATION IS CAUSING THE KIND OF ECONOMIC DAMAGE THAT WOULD BRING THE FED'S POLICY POSITION INTO QUESTION.
— Breaking Market News (@financialjuice) October 12, 2021
Added at 1:05pm
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Fed’s Bostic: Rate Liftoff Still ‘More Than A Year Off’ In His Forecast
— LiveSquawk (@LiveSquawk) October 12, 2021
Added at 1:08pm
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Fed's Bostic:
— DailyFX Team Live (@DailyFXTeam) October 12, 2021
- Markets are functioning well with ample liquidity
- I do not anticipate tapering having a negative impact on the speed of the economic recovery
Added at 1:14pm
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FED'S BOSTIC: ECONOMIC ISSUES ARE ON THE SUPPLY SIDE, NOT THE DEMAND SIDE.
— Breaking Market News (@financialjuice) October 12, 2021