Reply To: San Francisco Federal Reserve Governor Daly Says Open to Pulling the Reins Back on The Economy

Helmholtz Watson

Fed’s Bostic:

50 basis points is a pretty aggressive move, Fed can stay at that pace
By the end of 2023, Fed needs to be somewhere in the neutral range, defined as 2-2.5%
All options on the table at every meeting, depends on how economy responds
There is a lot of momentum in the economy
We have a strong job market
Maybe there’s some evidence of inflation softening just a hair