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Currently, the benchmark federal funds rate controlled by the central bank is between 4.25% and 4.50%. If the polled economists were right, two 25 basis point cuts would bring the range down to 3.75% ...
The Fed releases a report called the Summary of Economic Projections (SEP) four times per year, which tells the public where ...
(MENAFN- Daily Forex) Fed member Bostic has expressed his contrary belief the Fed will cut rates only once in 2025, giving the greenback a small hawkish tilt and a bullish tailwind.
THE PESO dropped sharply against the dollar on Tuesday amid lingering uncertainty over the Trump administration’s tariff plans and following hawkish comments from a US Federal Reserve official. The ...
U.S. stock futures were little changed Monday night. The action comes after the major averages climbed on rising hopes that ...
Atlanta Federal Reserve President Raphael Bostic anticipates just one rate cut this year, noting that inflation will be volatile and slow to reach the 2% target. PIMCO managing director and ...
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 ...
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 ...
and projected two cuts Wednesday after holding rates steady. But Raphael Bostic, president of the Federal Reserve Bank of Atlanta, said in a Monday interview with Bloomberg News that Trump’s ...
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