Atlanta Fed President Raphael Bostic, a member of the 2027 FOMC voting committee, said the economic impact of President Donald Trump's policies and other factors could take months to become clear, suggesting officials are likely to keep rates steady until at least late spring. Bostic reiterated that Trump's policy changes could affect the economy in different ways, adding to economic uncertainty. He said the Trump administration's new policies...
The Federal Reserve's Bostic said inflation is high, but we have made a lot of progress.
Federal Reserve Bostic: We don't expect a rate cut in July, but we will remain open if the data prove necessary.
The Federal Reserve's Bostic said that the outlook is for inflation to decline very slowly; the Federal Reserve needs to maintain a restrictive stance; does not see a rate cut in July, but is open if there is data to prove it; is watching service sector inflation for signs of improvement; does not see a rate hike needed to reach the 2% target; the economy continues to grow, but at a slower pace; is expected to achieve the inflation target without a significant increase in unemployment; if a rate...
The Federal Reserve's Bostic said that the breadth of price increases is still quite significant, and the narrowing of the inflation range will increase the confidence of the Federal Reserve to cut interest rates, and the fourth quarter may be the time for the Federal Reserve to cut interest rates.
Federal Reserve Bostic: We will not fall into a tighter environment.
Federal Reserve Bostic: A rate cut before the end of the year may be appropriate, but we don't have any firm plans.
The Federal Reserve's Bostic said that it may be appropriate to cut interest rates before the end of the year, but we do not have any definite plans; inflation is expected to decline slowly and economic momentum will continue; the economy may evolve in different ways, and we will adjust as needed.
Federal Reserve Bostic: Although the timing is uncertain, it still believes that the Federal Reserve will make a rate cut this year.
Federal Reserve Bostic: Although the timing is uncertain, it still believes that the Federal Reserve will make a rate cut this year.
Federal Reserve Bostic: If inflation stalls, we will have no choice but to respond.
Federal Reserve Bostic: If inflation falls faster than we expect, we may cut interest rates earlier.
Federal Reserve Bostic: Inflation is too high, and we still have some way to go to solve the inflation problem.
Federal Reserve Bostic: If we can maintain employment, wage growth, and keep inflation on target, we can keep interest rates unchanged.
Federal Reserve Bostic: We will not lower interest rates until the end of the year.