Fed’s Bostic says economy likely slowing, though rate-cut timing uncertain

The U.S. central bank likely remains on track to cut interest rates this year even if the timing and extent of the policy easing is uncertain and further declines in inflation come only slowly, Atlanta Federal Reserve President Raphael Bostic said in an interview with Reuters. “I still have that...

https://www.hellenicshippingnews.com/feds-bostic-says-economy-likely-slowing-though-rate-cut-timing-uncertain/