Atlanta Fed President Raphael Bostic Discusses Potential Rate Cut in Q4

Wednesday, 3 April 2024, 13:06

Atlanta Federal Reserve Bank President Raphael Bostic anticipates a single interest rate reduction by the US central bank in the current year, with a likely timing of the fourth quarter. If the economy unfolds as per Bostic's projections, a decrease in the policy rate is deemed appropriate to address the evolving economic conditions.

https://store.livarava.com/3a210ad3-f276-11ee-8959-87cc5c87fb08.jpg — Atlanta Fed President Raphael Bostic Discusses Potential Rate Cut in Q4

Fed's Bostic on Anticipated Interest Rate Adjustment

Atlanta Federal Reserve Bank President Raphael Bostic shared insights on the potential trajectory of the US central bank's policy rate. Bostic indicated that a rate cut in the fourth quarter could align with his outlook for the economy.

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Fed's Bostic on Anticipated Interest Rate Adjustment

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