Fed's Bostic: The US economy is 'definitely slowing'

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Fed's Bostic: The US economy is 'definitely slowing'

<ul><li>How the economy evolves will shape what the Fed has to do</li><li>Housing and other interest rate sectors have seen significant slowing, business leaders see labor markets easing</li><li>Still not easy to find workers but it's easier than it was</li><li>Demand-supply imbalance is not changing rapidly, process will take some time</li><li>Expect US GDP at 1% for 2023</li><li>Signs that things are moving in a positive direction on inflation</li><li>The US has a lot of momentum to absorb Fed policy and avoid a significant contraction</li></ul><p>These comments lean hard into the idea of a soft landing.</p>

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

Source: Fed's Bostic: The US economy is 'definitely slowing'

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