Monday , 10 February 2025
Home Forex Fed’s Bostic now anticipates just one rate cut this year
Forex

Fed’s Bostic now anticipates just one rate cut this year

Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said on Friday that he expected just one interest rate cut this year instead of the two rate cuts he had forecast, citing persistent inflation and stronger-than-anticipated economic data.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Trump says it’s time to get rid of the penny

This is a straight win and should have been done long ago....

Here is a tailwind for Monday markets

Our friend Neil Sethi from Sethi Associates brings us a note from...

Trump floats the idea that some Treasury debt isn’t valid

I don't even know whether to address this one because the details...

China may target US tech firms as a trade war strategy

Chinese officials are building a list of U.S. technology companies that can...