Federal Reserve Bostic: A substantial initial rate cut is appropriate, and I am very satisfied with it
According to reports, Bostic of the Federal Reserve stated that a substantial initial rate cut is appropriate and he is very satisfied with it. The Fed will take active measures when inflation rises, and it is expected that the inflation rate will reach 2% by the end of 2025. This (the expectation that inflation will reach 2% by the end of 2025) should be the timeline for interest rates to drop to neutral levels. The neutral policy interest rate ranges from 3% to 3.5%, and there are various methods to achieve this level.
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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