- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: Fed's Bostic Inclined To Pause at June FOMC Meeting
Atlanta Federal Reserve President Raphael Bostic said Monday he is inclined to see the central bank pause at its next meeting in June, but remains open to additional hikes if economic data collectively show inflation is stronger than expected.
"I'm inclined to pause, but I think the Committee is still considering whether we should act at the next meeting," he told reporters. "There's a lot of data that's coming out between these two meetings and if they collectively showed that perhaps inflation was worsening, I think it'd be a different conversation as to how things will play out."
"I want to wait and see, get a sense of how long or how quickly the economy is responding to our policy," he said.
Bostic said he expects inflation to come down but noted it could be a "grind" to get it closer to the 2% target and added "there are going to be bumps along the road."
"The easy parts in the reduction of inflation have all been handled and now we are in the hard part of it and the hard part is likely take longer to resolve than you might think and people might hope, which means that inflation will come down slower," Bostic said.
"Its going to take continued resilience on our part or resoluteness if you will," he said on the sidelines of the Atlanta Fed's financial markets conference.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.