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Fed Speakers Show Growing Divergence on How to Proceed with Monetary Policy

Fed speakers show growing divergence on how to proceed with monetary policy. Atlanta Fed Bostic (non-voter) is inclined to pause at the June meeting, but he confirmed that the committee is still out on the issue. If he had a bias between going up or down as a next move, it would still be up. Resilient consumer spending and tight labour markets pose upside inflation risks even as the Fed’s earlier tightening measures will start having a bigger impact.

US Close: Stocks punished on rate fears, Fed speak, Dollar higher, Gold finds support, Crypto lower - MarketPulse

US Close: Stocks punished on rate fears, Fed speak, Dollar higher, Gold finds support, Crypto lower - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

US Close: Stocks punished on rate fears, Fed speak, Dollar higher, Gold finds support, Crypto lower - MarketPulse

US Close: Stocks punished on rate fears, Fed speak, Dollar higher, Gold finds support, Crypto lower - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

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