Federal Reserve Bank of Atlanta President Raphael Bostic Expects a Single Interest-Rate Cut This Year

Monday, 25 March 2024, 14:11

Federal Reserve Bank of Atlanta President Raphael Bostic reiterates his anticipation of one interest-rate cut in 2021. Bostic emphasizes the importance of patience for the central bank as long as the economy remains stable, reflecting a cautious approach to monetary policy. The update suggests a conservative stance in response to potential economic challenges, with a focus on maintaining stability.
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Federal Reserve Bank of Atlanta President Raphael Bostic Expects a Single Interest-Rate Cut This Year

Fed's Bostic Anticipates Only One Rate Cut in 2021

Federal Reserve Bank of Atlanta President Raphael Bostic reiterated his expectation for only one interest-rate cut this year, emphasizing a cautious and patient approach to monetary policy. Bostic's remarks highlight the importance of economic stability amid potential challenges, indicating a conservative stance from the central bank.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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