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Bostic: Neutral coverage charge is within the 3-3.50% vary

  • Not in a rush to get to neutral
  • Will be patient
  • We needed to move policy rate because risks had shifted
  • Labor market is strong, inflation has come down a long way, my job is now to take it all the way home
  • Still a lot of uncertainty on prices and consumer spending

This article was written by Adam Button at www.forexlive.com.

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