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Fed's Bostic Says Everything In Play For Future Policy Decisions

FED
  • Federal Reserve Bank of Atlanta President Raphael Bostic said “everything is in play” for policy action after data showed that US inflation accelerated again to a fresh four-decade high last month. (Bloomberg)
    • “The top-line number is a source of concern,” Bostic told reporters Wednesday during a visit to St. Petersburg, Florida.
    • “Everything is in play.” Asked if that included by raising rates by a full percentage point, he replied, “it would mean everything.”
  • Following the headlines:
    • *FED SWAPS SHOW CLOSE TO 3-IN-4 CHANCE OF 100BP JULY HIKE (BBG)

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