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Fed’s Bostic eyes late 2024 for possible rate cut, remains focused on curbing inflation

Fed’s Bostic eyes late 2024 for possible rate cut, remains focused on curbing inflation
In an interview with CNBC, Atlanta Federal Reserve President Raphael Bostic emphasized that reigning in inflation remains a top priority, and the metric needs to approach the 2% mark before a rate cut can be seriously considered. “Inflation is job one, we have to get that under control,” Bostic asserted. But rate cut is possible […] The post Fed’s Bostic eyes late 2024 for possible rate cut, remains focused on curbing inflation appeared first on Action Forex... Read More
Posted: Oct 20 2023, 12:55
Author Name: actionforex
Views: 102040

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