Bostic: Fed has time to wait as job market nears full employment
16hours ago
Odaily Planet Daily News: Fed Chairman Bostic said that the U.S. job market remains close to full employment, providing the Fed with an "opportunity" to avoid making any hasty policy adjustments. Bostic said the Fed should avoid policy fluctuations that could cause trouble for the public, adding that he "tends to try not to do so" and wait until "things are clearer." "Now I think we have enough time to do so because the labor market is basically at full employment and our maximum employment goal is not at risk like the inflation target." (Jinshi)
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