Atlanta Fed President Stresses One Interest-Rate Cut Expectation

Atlanta Fed President Stresses One Interest-Rate Cut Expectation

By
Kazuki Tanaka
1 min read

Federal Reserve Bank of Atlanta President Raphael Bostic emphasized his expectation of one interest-rate cut this year, underscoring the central bank's ability to be patient as long as the economy maintains its performance. During a moderated conversation at the University of Cincinnati’s Real Estate Center in Ohio, Bostic expressed confidence in the economy's prospects, highlighting the potential for the central bank to exercise patience given the favorable outlook. This stance reflects the Federal Reserve's cautious approach towards monetary policy, aligning with Bostic's conviction in the economy's ability to sustain its current trajectory.

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