๐บ๐ธ Fed Speakers Turn Hawkish โ Rates to Stay High
Atlanta Fedโs Bostic and Minneapolis Fedโs Kashkari both signaled a cautious, restrictive stance:
Bostic: Fed must stay restrictive to reach 2% inflation.
Labor market is โweakened, but not clearly weak.โ
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.
๐ Message is clear:
Cuts are not coming soon.
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