The bumpy path to achieving 2% inflation: Insights from Fed's Bostic

<ul><li>Bostic expects the downward trajectory of inflation to continue.</li><li>He anticipates a slowdown in economic activity in the upcoming months.</li><li>Bostic acknowledges that tighter monetary policy is significantly impacting economic activity.</li><li>He believes the path to 2% inflation will be bumpy but achievable.</li><li>Bostic notes that companies' pricing power is diminishing.</li><li>He observes ongoing disinflation and a measured slowdown in economic activity.</li><li>Fed's Bostic feels more confident in the current economic outlook.</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.