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Raphael Bostic, the Atlanta Federal Reserve President, said Thursday that U.S. central bankers are unlikely to cut interest rates in July, citing slowed progress on inflation.
âI'm keeping my eyes on the short-run trajectory, and if we can continue to see that trajectory move forward, I think we will be in a good place,â Bostic told Fox Business when asked if the Fed might ease rates in July.
âI don't think that's going to be in July,â he added.
The Atlanta Fed President s...
>>> Read more: Fed not likely to begin cutting rates in July, says Atlanta President Bostic
âI'm keeping my eyes on the short-run trajectory, and if we can continue to see that trajectory move forward, I think we will be in a good place,â Bostic told Fox Business when asked if the Fed might ease rates in July.
âI don't think that's going to be in July,â he added.
The Atlanta Fed President s...
>>> Read more: Fed not likely to begin cutting rates in July, says Atlanta President Bostic
