Atlanta Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown on Nostr: Inflation Report Opens Door for Federal Reserve to Cut Interest Rates in the Fall ...
Inflation Report Opens Door for Federal Reserve to Cut Interest Rates in the Fall
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#b4a637a9 ver:1.35
The US Federal Reserve is expected to cut interest rates in September and December, according to economists. The Fed's inflation report showed that inflation rose to 3.3% in May, slightly lower than expected. This opens the door for potential rate cuts in the fall, with a 70% chance of a September cut. However, some experts believe the Fed may want to maintain its reputation and continue fighting against inflation. The final decision will depend on further evidence of disinflation and the Fed's commitment to credibility. #FederalReserve #interestrates #inflation #economy...
#newstr #UsFederalReserve #InterestRates #Inflation #RateCuts #FederalOpenMarketCommittee #JeromePowell
https://here.news/story/b4a637a9?ver=1.35
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#b4a637a9 ver:1.35
The US Federal Reserve is expected to cut interest rates in September and December, according to economists. The Fed's inflation report showed that inflation rose to 3.3% in May, slightly lower than expected. This opens the door for potential rate cuts in the fall, with a 70% chance of a September cut. However, some experts believe the Fed may want to maintain its reputation and continue fighting against inflation. The final decision will depend on further evidence of disinflation and the Fed's commitment to credibility. #FederalReserve #interestrates #inflation #economy...
#newstr #UsFederalReserve #InterestRates #Inflation #RateCuts #FederalOpenMarketCommittee #JeromePowell
https://here.news/story/b4a637a9?ver=1.35