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Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark interest rate only a quarter ...
Nonetheless, he now sees US gross domestic product expanding by 1.8% this year, down from 2.1% in December. He expects the unemployment rate to end the year at around 4.2% or 4.3%, which he said ...
Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation. “I ...
Atlanta Fed President Raphael Bostic said Monday that he now sees only one interest-rate cut this year. That’s down from his earlier expectation of two rate cuts. In a Bloomberg interview ...
Federal Reserve Bank of Atlanta Raphael Bostic said Monday he now expects only one interest rate cut by the end of the year, adding that tariff increases may hinder the central bank’s efforts to ...
Sentiment at the U.S. central bank has subtly shifted toward fewer rate cuts, even as White House calls for action Atlanta Fed President Raphael Bostic said Monday that he now sees only one ...
WASHINGTON (Reuters) - Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark ...
Fed's Bostic Sees Only One Rate Cut This Year; China's Central Bank Tweaks Lending Tool By Vicky Ge Huang Global markets were mixed early Tuesday as expectations that tariffs to be imposed by ...
Sentiment at the U.S. central bank has subtly shifted toward fewer rate cuts, even as White House calls for action Atlanta Fed President Raphael Bostic said Monday that he now sees only one ...
Bostic also pushed back his own forecasts of when inflation would finally cool to the Fed's 2% target, and trimmed his rate cut expectations for the remainder of 2025. There is a lot of uncertainty.
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