- Analytics
- News and Tools
- Market News
- Fed's Bostic: Leaning toward need for a fourth interest rate increase in 2022
Fed's Bostic: Leaning toward need for a fourth interest rate increase in 2022
Atlanta Federal Reserve President Raphael Bostic told CNBC on Wednesday he is hopeful that they will start to see a decline in inflation, as reported by Reuters.
Additional takeaways
"Projecting 3% PCE inflation for the year."
"Leaning toward the need for a fourth interest rate increase in 2022."
"Would like to see the balance sheet reduced pretty significantly and for reductions to start soon."
"Fed decisions and signals sent this year will go a long way to address inflation."
"Thinking only about 25 bps hikes right now though, all options on the table."
"Seeing US growth comfortably through 2022 and 2023; much would have to happen for Fed policy to constrain growth."
Market reaction
The US Dollar Index stays under modest bearish pressure following these comments and was last seen losing 0.15% on the day at 95.48.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
