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Fed’s Bostic: Best monetary policy approach now is ‘patience’

  • “I am in no hurry to adjust our policy stance”
  • Still sees path to one rate cut this year, depending on economy
  • It’s a tough call to say if the Fed would be cutting rates absent the uncertainty
  • It’s unclear how tariffs will affect inflation
  • Job market broadly healthy, some signs of weakness
  • Core prices ‘still an issue’

That couldn’t be more clear.

This article was written by Adam Button at www.forexlive.com.

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