Atlanta Fed's Bostic: Recent low readings on inflation are "noisy"

Author: Greg Michalowski | Category: Central Banks

Fed's Bostic speaking.

  • Central Bank in a good position right now on both jobs and inflation
  • Recent low readings on inflation are "noisy" while other data suggest Fed is close to its 2% target and not slipping away from it
  • Skeptical inflation expectations are weak
  • Fed in good position on dual mandate objectives
  • Inflation expectations not trending away from goal
  • Has open mind on July meeting.   Wont front run rate call
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