Exclusive: Fed's Bostic open to another large rate cut if job market ...
WEB1 day ago — Bostic said his baseline outlook was for an "orderly" Fed easing over the next 15 months that would end with the central bank's policy rate in the 3.00%-3.25% range at the end of 2025 - a level he ...
Latest inflation data could boost case for more big Fed rate cuts
WEB4 days ago — "The breadth of price increases is narrowing to a range that accords with price stability," Bostic said after the Sept. 17-18 meeting. The share of items increasing at 5% or more in July was only ...
Fed officials say risks to jobs warranted rate cut as debate shifts to ...
WEBSep 23, 2024 — Atlanta Fed President Raphael Bostic said he felt the economy was closing in on its "normal" level for both key statistics faster than he expected, and that monetary policy should adjust as well...
Fed's Bostic says inflation moving in 'right direction,' sees one Q4 ...
WEBJun 27, 2024 — WASHINGTON (Reuters) - Inflation in the U.S. "appears to be narrowing" and that should allow the Federal Reserve to cut interest rates later this year, Atlanta Fed President Raphael Bostic said...
Fed sees no 'hurry' to cut rates as confidence in economy grows, …
WEB22 hours ago — NASHVILLE, Tennessee (Reuters) -Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not "in a hurry" after new data boosted confidence in ongoing economic growth and consumer spending. "This is not a committee that feels like it is in a hurry to cut rates quickly," Powell told a ...
Fed's Bostic says a 'little more data' needed to support cutting rates
WEBAug 13, 2024 — (Reuters) -Atlanta Federal Reserve President Raphael Bostic on Tuesday said recent economic data has made him "more confident" the U.S. central bank can get inflation back to its 2% target, but...
Fed's Bostic scales back to single rate cut on inflation concerns
WEBATLANTA, March 22 (Reuters) - Atlanta Federal Reserve Bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest rate cut this year instead of the two he...
Fed Officials Say Risks to Jobs Warranted Rate Cut as ... - U.S. News
WEBSep 23, 2024 — Reuters. FILE PHOTO: Atlanta Federal Reserve President Raphael Bostic walks into a conference in Jackson Hole, Wyoming, U.S., August 23, 2019. REUTERS/Jonathan Crosby/File Photo
Exclusive-Fed's Bostic Sees Two Rate Cuts, Soft Landing Next Year
WEBDec 15, 2023 — WASHINGTON (Reuters) -The U.S. central bank can begin reducing interest rates "sometime in the third quarter" of 2024 if inflation falls as expected, Atlanta Federal Reserve President Raphael...
Fed’s Bostic expects inflation to keep coming down — but slowly
WEBMay 20, 2024 — The U.S. economy is slowing down, albeit at a glacial pace, and this should help inflation continue to gradually cool, Atlanta Federal Reserve Bank President Raphael Bostic said Monday.