Lates News

Federal Reserve Board of Governors Bostic: The behavior of businesses and consumers does not reflect their expectation that the oil shock will have a long-term impact. It is expected that inflation progress will be slow and will not quickly return to target levels. There is no sign of inflation expectations spiraling out of control. Companies in the goods sector believe their pricing power is limited, while companies in the services sector believe they have more room to maneuver. Consumer spending continues to show resilience.