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Raphael Bostic, the President and Chief Executive Officer of Federal Reserve Bank of Atlanta, stated that a potential cut in the federal funds rate could occur in the fourth quarter of this year, emphasizing a data-driven approach to future policy decisions.
For 2025, Bostic penciled in 5 rate cuts. This outlook is not set in stone, as the policymaker acknowledged the unpredictability of the current economic climate, suggesting that rate cuts, holds, or increases could all be warranted dependin...
>>> Read more: Fed's Bostic expects one rate cut in 2024, as many as four in 2025
For 2025, Bostic penciled in 5 rate cuts. This outlook is not set in stone, as the policymaker acknowledged the unpredictability of the current economic climate, suggesting that rate cuts, holds, or increases could all be warranted dependin...
>>> Read more: Fed's Bostic expects one rate cut in 2024, as many as four in 2025
