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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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2024-06-13 08:03:02

Atlanta Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown on Nostr: US Federal Reserve Adopts Restrictive Stance Amid Stubborn Inflation =============== ...

US Federal Reserve Adopts Restrictive Stance Amid Stubborn Inflation
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#b4a637a9 ver:1.31

The US Federal Reserve takes a more restrictive stance, keeping interest rates unchanged at 5.5% and projecting only one rate cut in 2024. This decision is driven by higher-than-expected inflation. The Fed's outlook suggests a gradual decline in rates, but there are divisions within the committee. Despite upward inflation expectations, economic growth projections remain unchanged. The Fed aims to balance inflation containment and economic growth for stability. #FederalReserve #InterestRates #Inflation #EconomicOutlook...

#newstr #UsFederalReserve #InterestRates #Inflation #FederalOpenMarketCommittee #EconomicGrowth

https://here.news/story/b4a637a9?ver=1.31
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