FED’S BOSTIC: OPEN TO SEPTEMBER RATE CUT AS INFLATION COOLS
Speaking in an interview with the Financial Times (FT) early Thursday, Atlanta Federal Reserve (Fed) President Raphael Bostic said that he is “open to September rate cut as inflation cools.”
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Price pressures eased officials also needed to be conscious of their mandate of maintaining full employment.
The labour market is weakening but not weak.
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