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There is a great deal of uncertainty out there, making it quite difficult to forecast with confidence,” the Atlanta Fed ...
Federal Reserve Bank of Atlanta President Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see ...
The uncertainty Bostic referred to was the one arising from President Donald Trump's aggressive tariff policy. The banker ...
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Fed’s Bostic sees only one rate cut in 2025 as Trump demands immediate action againRaphael Bostic, President of the Federal Reserve Bank of Atlanta, is backing away from the idea of two rate cuts this year. Now he’s saying there’s likely going to be just one rate cut in 2025.
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Fed’s Bostic sees one rate cut in 2025 because it will take 6 months to assess tariffs’ economic impactAtlanta Fed President Raphael Bostic explained it would take time for the central bank to fully understand the economic effects of the White House’s new tariff policy. Because of that prolonged ...
When it comes to judging the impact of tariffs on inflation, standard economic models are straightforward: this should be a one-time increase in prices. But the uncertain and fluid rollout of the Trum ...
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