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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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2024-06-12 11:01:39

Atlanta Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown on Nostr: Federal Reserve Expected to Keep Interest Rates Steady, Signal Fewer Rate Cuts ...

Federal Reserve Expected to Keep Interest Rates Steady, Signal Fewer Rate Cuts
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#b4a637a9 ver:1.05

The Federal Reserve is expected to keep interest rates steady at their upcoming meeting, signaling fewer rate cuts than previously thought. The US economy remains healthy, but many Americans are under pressure. The Fed's target is 2% inflation, and they will continue until it reaches that threshold. Three Democrat senators are urging a rate cut, warning of a potential recession. The Fed's decision will impact global fixed-income investors. The slower progress of inflation may limit the speed of rate cuts. No interest rate cuts are expected in the June meeting. #FederalReserve #InterestRates #Economy #Inflation...

#newstr #FederalReserve #InterestRates #Inflation #EconomicForecasts

https://here.news/story/b4a637a9?ver=1.05
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