🇺🇸 Fed Speakers Turn Hawkish – Rates to Stay High
Atlanta Fed’s Bostic and Minneapolis Fed’s Kashkari both signaled a cautious, restrictive stance:
Bostic: Fed must stay restrictive to reach 2% inflation.
Labor market is “weakened, but not clearly weak.”
Strong defense of Fed independence.
Kashkari: Too early for rate cuts.
Warned tariffs could cause a one-time inflation bump.
Pushed back against political pressure on the Fed.
📊 Message is clear:
Cuts are not coming soon.
#MarketRebound #CPIWatch #USJobsData
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