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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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2024-06-10 12:01:11

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 Timing Remains Uncertain =============== ...

Federal Reserve Divided on Rate Cut Plans as Timing Remains Uncertain
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#b4a637a9 ver:0.98

Federal Reserve officials are divided on the timing of interest rate cuts, with Atlanta Fed President Bostic advocating for patience based on inflation and jobs data, while Minneapolis Fed President Kashkari wants sustained positive inflation data before implementing cuts. Economists are also divided on the number of cuts expected, with 41% predicting two cuts and 41% 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 US economy and the Fed's role are reflected in these differing views. #FederalReserve #InterestRates #Economy...

#newstr #FederalReserve #RateCuts #MonetaryPolicy #Economy

https://here.news/story/b4a637a9?ver=0.98
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