Reported about 2 months ago
Federal Reserve Bank of Atlanta President Raphael Bostic expresses caution about the likelihood of a rate cut at the Fed's September meeting, emphasizing that while inflation is decreasing and labor market conditions are weakening, it is not guaranteed. He acknowledges evolving opinions on rate cuts among business contacts and has shifted his expectation for a rate cut from Q4 to potentially Q3, indicating that September and November meetings are now viable options.
Source: YAHOO