• Atlanta Fed President Bostic expects U.S. economy to remain strong

Notícias do Mercado

21 fevereiro 2020

Atlanta Fed President Bostic expects U.S. economy to remain strong

  • Says he is open to moving rates if he sees weakness in the future, but that is not his expectation at this time
  • The economy is strong and can stand on its own feet and we should let it do that
  • Labor market remains strong
  • Bond market moves are reflecting low neutral rate of interest, with a flight to safety
  • Businesses tell him coronavirus to be short-term disruption
  • Models expect short-term hit from coronavirus but recovery after
  • Does not believe balance sheet actions are pumping up stock prices
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