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Feds Bostic says best case scenario is Bank won't consider a rate cut until well into 2024

Feds Bostic says best case scenario is Bank won't consider a rate cut until well into 2024
Federal Reserve Bank of Atlanta President Raphael Bostic remarks hitting the news wires. the Federal Open Market Committee (FOMC) will base its interest rate decisions on dataFed does not want to be locked into a pre-determined rate pathexpects to see stress in the jobs market when inflation is falling toward targetits problematic for the economy if the Fed doesn't achieve 2% inflation target best case scenario is the Fed will not consider a rate cut well into 2024 This article... Read More
Posted: May 24 2023, 21:47
Author Name: forexlive
Views: 081412

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