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Forexlive: The Federal Reserve's Bostic Conveys Hawkish Message
Odaily Planet Daily News, financial website Forexlive, said, on the future Intrerest Rate issue, Bostic made some rebuttals, twice expressing hope to see "a few" or "a few months" of data. Of course, we won't have "a few months" of data before the September FOMC meeting. Bostic is a hawk, so his rebuttal is not surprising, but with the market pricing the probability of a 50 basis point rate cut in September at 26%, his rebuttal still conveys a hawkish message. (Jinshi)