Asked about the possibility of a 100 basis point rate hike in July, Fed's Bostic: anything is possible

07/13 19:49

When asked about the possibility of a 100 basis point rate hike in July, Fed's Bostic said that anything is possible. At the same time he also said: the June inflation report showed that the inflation trajectory was not moving in a positive direction; sustainable job growth suggests that inflation needs to be kept in check.
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