Reported about 5 hours ago
Raphael Bostic, president of the Federal Reserve Bank of Atlanta, stated that he prefers to wait before considering further interest rate cuts, emphasizing the need to evaluate the effects of last year's reductions amid economic uncertainties. In light of ongoing strong economic data and uncertainties related to Trump's policies on tariffs and inflation, Bostic highlighted the importance of monitoring inflation trends before making any policy adjustments.
Source: YAHOO