News list for " Reserve Bank Bostic said"

The Federal Reserve's Mr. Bostic said officials should be cautious in their decision-making, preferring to keep interest rates high given uneven progress in reducing inflation. In a podcast recorded on December 9 and released on Tuesday, Mr. Bostic also said he expected inflation to continue to fall gradually to the Fed's 2 per cent target this year. He said he expected price pressures to subside, although at some point it might look like...

2025-01-08 06:01:28