Atlanta Federal Reserve President Raphael Bostic signaled Thursday that he would not support an interest rate cut in July ...
Atlanta Fed President Raphael Bostic suggests that the Federal Reserve should remain patient before cutting interest rates, ...
Raphael Bostic, the Atlanta Federal Reserve President, said Thursday that U.S. central bankers are unlikely to cut interest rates in July, citing slowed progress on inflation. “I'm keeping my eyes on ...
Bostic said he expects inflation, as measured by the personal consumption expenditures (PCE) price index, to end 2024 at around 2.4%, enough progress towards the Fed’s 2% target to warrant two ...
A key member of the Federal Reserve, the US central bank, has told the BBC that inflation is only coming down "very, very slowly" and "let's not be in a hurry" on interest rate cuts. Raphael ...
The U.S. central bank likely remains on track to cut interest rates this year even if the timing and extent of the policy easing is uncertain and further declines in inflation come only slowly ...
Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that inflation ...
Wall Street indexes fell on Wednesday due to uncertainties about the Federal Reserve's interest rate cuts. Major companies ...
Bostic said his eye remains on the longer-term trends and repeated his view that he sees the U.S. central bank beginning to cut rates "in the summer time," if the economy evolves as he expects.
The U.S. dollar edged up against the euro on Tuesday, as Federal Reserve policymakers said it is prudent for the U.S. central ...
According to analysts, positive data flow on economic vitality increases likelihood that Fed will keep policy rate high for ...
The country’s main composite index plunged deeper Thursday, falling below the support level of 6,400, on continued concerns ...