Fed’s Bostic: Strong data may make a case for another 75 bps rate hike


  • Remarks by Atlanta Fed president, Raphael Bostic, to the Wall St Journal
Justin Low

Justin Low

Thursday, 25/08/2022 | 09:31 GMT-0

25/08/2022 | 09:31 GMT-0

The door for a 75 bps rate hike remains open and we’ll have to get through a few hurdles to settle the debate. The first will be Fed chair Powell’s speech tomorrow but in what is largely a data-driven market at the moment, the US jobs report on 2 September and US CPI data on 13 September will be the next two key releases to watch out for.

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