Federal Reserve Bank of Atlanta President Raphael Bostic Expects a Single Interest-Rate Cut This Year
Monday, 25 March 2024, 14:11
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.
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