SAN FRANCISCO - The Federal Reserve’s patient approach to monetary policy is no guarantee that it will leave interest rates where they are for the rest of the year, the president of the Atlanta Federal Reserve Bank, Raphael Bostic, said on Friday.
The comments were among the first made by a Fed policymaker since the U.S. central bank made an unexpectedly dovish shift on Wednesday. Forecasts released at the end of its two-day policy meeting showed 11 of the Fed’s 17 policymakers anticipate no rate increases this year, compared with just two who had that forecast in December.
And on Friday, a key part of the U.S. Treasury market inverted for the first time since 2007, with long-term rates falling below short-term ones in what is historically a harbinger of recession. “I am open to all possibilities as we aim to support sustained economic expansion, strong labor market conditions, and inflation near the Committee’s symmetric 2 percent objective,” Bostic said, referring to the policy-setting Federal Open Market Committee. “Markets should understand that, so I hope I have made my position clear.”
Go ahead Fed. We Like it.
We're going to lower it before we raise it
Funtabel fed its like illusion hat of economic
President Trump is actively involved in complaints about the Fed.
The Jewish interest group, the Federal Reserve, must be reborn as a state agency for the American interests of the 21st century.
That's about as clear as mud.
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