Fed's Bostic: US economy is definitely slowing – by eren_fxstreet Fed CentralBanks
said on Friday that how the economy evolves will shape what the Federal Reserve has to do, as reported by Reuters."Housing and other interest rate sectors have seen significant slowing, business leaders see labor markets easing.""Slowing so far is at a steady, gradual pace, so demand-supply imbalance is not changing rapidly, process will take some time.""Inflation is too high and the fed is going to do all it can to move it down.
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