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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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2024-06-09 07:01:59

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:0.96

Federal Reserve officials are divided on rate cut plans as inflation remains high. Atlanta Fed President Bostic suggests patience and gradual adjustments based on inflation and jobs data, while Minneapolis Fed President Kashkari wants sustained positive inflation data before implementing cuts. Economists are divided on how many cuts to expect, with some predicting two cuts and others predicting one or none. The Fed is set to keep rates steady next week, with the first cut expected in September. The complex considerations and uncertainties surrounding the economy and the Fed's role are reflected in these differing views. #FederalReserve #RateCuts #Inflation...

#newstr #FederalReserve #InterestRates #Inflation #JobsGrowth #BorrowingCosts #ClimateChange #ArtificialIntelligence #UsInflation #SoftLanding #Prices #Economy

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