Federal Reserve Bostic: Only one interest rate cut is expected this year, and inflation is expected to be very bumpy.
Federal Reserve Bostic: I hope that the current reduction of the balance sheet will be maintained until the reduction of the balance sheet is completely stopped. To ensure that the Federal Reserve does not go too far, it is appropriate to slow the pace of balance sheet reduction.
On March 25, Atlanta Federal Reserve President Bostic said in an interview that he now expects only one interest rate cut this year. This is lower than the two rate cuts he had previously expected. Bostic said he changed his forecast because he thought inflation would be "very bumpy" this year. He also said that businesses are starting to expect inflation to rise.
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.