Fed’s Bostic: Still Expects One Rate Cut This Year
According to ChainCatcher, citing Jinshi Data, Federal Reserve’s Bostic stated that he still expects one rate cut this year. In many respects, the labor market still appears strong. He is not prepared to raise his forecast for rate cuts in 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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