Fed´s Bostic: Economy still has lots of momentum, inflation is too high
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Raphael W. Bostic, president, and CEO of the Federal Reserve Bank of Atlanta said that his baseline forecast does not include a recession.
The US Dollar fell against most major currencies on Tuesday after better-than-forecast growth data from China. DXY, a measure of the greenback vs. a basket of currencies is down some 0.3% to 101.80 currently from a high of 102.14.
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