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Atlanta Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown /
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2024-06-08 20:56:59

Atlanta Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown on Nostr: Federal Reserve Divided on Rate Cut Plans as Inflation Remains High =============== ...

Federal Reserve Divided on Rate Cut Plans as Inflation Remains High
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#b4a637a9 ver:0.94

Federal Reserve officials are divided on rate cut plans as inflation remains high. Atlanta Fed President Bostic suggests patience, citing recent inflation reports and strong jobs growth. Minneapolis Fed President Kashkari wants sustained positive inflation data before implementing cuts. The debate reflects uncertainties in the US economy. Economists are divided on how many cuts to expect, with some predicting two and others predicting none. The first cut is expected in September. The focus is on lower inflation rather than labor market or economic shocks. #FederalReserve #RateCuts #Inflation #Economy...

#newstr #FederalReserve #InterestRates #Inflation #JobsGrowth #BorrowingCosts #ClimateChange #ArtificialIntelligence #UsInflation #SoftLanding #EconomicForecasts

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