Fed's Bostic: Full impact of policy on inflation won't be seen for months – by eren_fxstreet Fed CentralBanks
said on Tuesday that he wasn't expecting to see the full impact of monetary policy on inflation for months, as reported by Reuters."Seen clues that tighter financial conditions may be pinching commercial real estate, banking."
"Once Fed reaches appropriately restrictive policy, it needs to stay there until there is convincing evidence inflation is firmly on track to 2% target."Index showed no immediate reaction to these comments and was last seen losing 0.6% on the day at 106.30. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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