1545 GMT/1045 US Eastern time:
- Federal Reserve Bank of New York President John Williams and Federal Reserve Board Governor Michelle Bowman participate in panel discussion of the U.S. Monetary Policy Forum Report, “Monetary Policy Transmission Post-Covid”
The Fed seem a bit lost right now. Bostic spoke earlier saying they are awaiting data showing the impact of the policies, and policy flip-flops (Bostic didn’t put it this way) of the new administration.
- Fed’s Bostic – economy is in incredible flux, hard to know where things will land
- Fed’s Bostic – Tariffs will lead to higher prices
- Bostic says Fed will continue work to get inflation down to 2%
This article was written by Eamonn Sheridan at www.forexlive.com.
