Atlanta Federal Reserve Bank President Raphael Bostic says 'everything is in play' when it comes to July rate hike options after 9.1% inflation spike.
FOX Business' Stuart Varney and Susan Li discuss the impact of inflation on stocks as markets open for the day.
Atlanta Federal Reserve Bank President Raphael Bostic said Wednesday that "everything is in play" when asked about the prospect of the central bank raising interest rates by a full percentage point later this month, expressing concern over the morning's news that inflation hit a fresh 40-year-high in June.
Bostic told reporters he still needed to study the "nuts and bolts" of the latest data, but said he felt "today's numbers suggest the trajectory is not moving in a positive way." He said that
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tonight Is Machop Spotlight Hour In Pokémon GO: July 2022ICYMI: Tonight is Machop Spotlight Hour in PokemonGO. Let's go over the Spotlight Hour bonuses for tonight's Shiny Machop hunt. Pokemon
Read more »
Full Moon Guide: July - August 2022
Read more »
Lincoln Center’s Summer For the City fest kicks off July 13 - New York Amsterdam NewsIt’s summertime and there are 100 reasons to celebrate, including the new season of Summer for the City starting July 13 at the Lincoln Center for the Performing Arts and Film at Lincoln Center.
Read more »
Home sale prices from Alameda County, July 10, 2022Residential transactions in Alameda County
Read more »