Bostic emphasized that while some businesses tell him expected policy changes might be inflationary, others could spur investment and increase productivity. "It's really the whole mix," Bostic said.

Bostic also said he still thinks the Fed’s benchmark policy rate is high enough to bring inflation down. "We couldn't wait until we got all the way to 2% to start reducing our rate. What we have ...

(Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic said he wants to wait “a while” before cutting interest rates again following last year’s reductions amid uncertainty over where ...

In his essay, Bostic said he supported last year’s rate cuts, adding it was appropriate to reduce restrictiveness as inflation came down from the peak reached in 2022 to protect the labor market.

Federal Reserve Bank of Atlanta President Raphael Bostic said he wants to wait “a while” before cutting interest rates again following last year’s reductions amid uncertainty over where the ...

Bostic noted that while recent inflation data has provided evidence for both optimism and pessimism, he does not foresee a new burst of inflation in the near term. However, the overall policy ...

(Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic said he expects the US central bank will lower interest rates twice in 2025, though uncertainty around that projection has risen.

Bostic said, relieving a major remaining driver of overall price increases. The labor market is showing signs of slack even while sustaining a low unemployment rate around 4%, and businesses say ...

Federal Reserve Bank of Atlanta President Raphael Bostic said he expects the US central bank will lower interest rates twice in 2025, though uncertainty around that projection has risen. “While ...