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Fed s Bostic Reiterates Rate Cut Is Not Likely Until End of Year

(Bloomberg) Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable keeping interest rates steady, reiterating he doesn’t think it will be appropriate to lower borrowing costs until toward the end of the year.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingOil Erases Advance After Iranian Media Downp

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Federal Reserve speakers Friday include Schmid, Bostic and Daly

Federal Reserve speakers Friday include Schmid, Bostic and Daly
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Fed s Bostic Reiterates Call for One Rate Cut Later This Year

(Bloomberg) Federal Reserve Bank of Atlanta President Raphael Bostic stuck to his expectation for one interest-rate cut this year, while maintaining flexibility to adjust as needed.Most Read from BloombergIsrael Bracing for Unprecedented Direct Iran Attack in DaysApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsStocks Get Hit as War Jitters Fuel Rush to Bonds: Markets WrapRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointUS Sees Imminent Missile Strike on Israel by

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US Dollar marks pivotal week for 2024 with biggest gain for year-to-date

US Dollar marks pivotal week for 2024 with biggest gain for year-to-date
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Fed s Raphael Bostic Reiterates Call for One Rate Cut Later This Year

Fed s Raphael Bostic Reiterates Call for One Rate Cut Later This Year
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Raphael bosticTulane universityFederal reserve bankAtlanta president raphael bostic