Reported 2 days ago
Raphael Bostic, president of the Atlanta Federal Reserve, stated that interest rate cuts remain a possibility for 2025 as policymakers evaluate economic developments and new policies from the Trump administration. He acknowledged the recent uptick in inflation and indicated that while he does not expect a straight path to the Fed's 2% target, he remains cautious but open to adjustments in monetary policy based on new data. Bostic emphasized that while some businesses express concerns over inflation, others believe new policies could enhance investment and productivity.
Source: YAHOO