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Fed's Bostic sees 1 rate cut this year
Posted on 5/19/25 at 7:21 am
Posted on 5/19/25 at 7:21 am
quote:[l
The U.S. central bank released projections in March that pointed toward two quarter-point rate cuts in 2025. However, Bostic said Monday that the tariffs have been larger than the Fed expected at the start of the year.
“For me right now, I’m expecting it’s going to take a bit longer for that to sort out. ... I’m leaning much more into one cut this year, because I think it will take time, and then we’ll sort of have to see,” Bostic said on “Squawk Box.”
quote:ink=(https://www.cnbc.com/2025/05/19/feds-bostic-says-hes-leaning-toward-just-one-rate-cut-this-year.html)]CNBC[/link]
Bostick is not currently a voting member of the Federal One Market Committee, which sets interest rate policy.
3
Posted on 5/19/25 at 8:25 am to bigjoe1
If Jpow had been paying attention to reports issued by his own Atlanta Fed, he would’ve already begun cutting.
Posted on 5/19/25 at 9:30 am to bigjoe1
quote:My biggest interest rate hope is that the Fed doesn't RAISE rates this year.
sees 1 rate cut this year
The bond market is already hinting that higher rates might be coming...
Posted on 5/19/25 at 9:34 am to bigjoe1
Just came here to see if black monday happened yet.
Board seems calm.
Board seems calm.
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