bostic

Raphael Bostic, President of the Federal Reserve Bank of Atlanta expressed his views on a potential rate cut on Wednesday. However, Bostic expressed caution on the move. What Happened: Bostic acknowledged that the inflation rate has decreased more than expected, while the unemployment rate has...

Recent statements from Fed members have been more hawkish than expected, dampening the market's enthusiasm for a rate-cutting cycle to begin later this year. On Tuesday, Federal Reserve Bank of Cleveland President Loretta J. Mester said that a rate hold in June should not be taken for...