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Fed's Bostic wants to pause after December rate hike

Por: MarketWatch Business October 06, 2022

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Some Fed official want to go a little further and raise the central bank’s benchmark rate up to a range of 4.5%-4.75% in early 2023 before pausing. While a pause might be in order, the Atlanta Fed president stressed he was not advocating a quick turn toward accommodation. To those who think the Fed is going to begin cutting rates in 2023, Bostic replied: “Not so fast.” Bostic will not be a voting member of the Fed’s interest-rate... + full article



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