Atlanta Federal Reserve President Expects Rate Cuts in the Third Quarter as Inflation Moves Closer to Target
Professional Rewrite Atlanta Federal Reserve President Expects Rate Cuts in Q3 Atlanta Federal Reserve President Raphael Bostic anticipates that policymakers will commence cutting rates in the third quarter of this year. He stated on Thursday that inflation is steadily moving towards the central bank’s target. Bostic, who is a voting member of the rate-setting Federal…