Browsing Tag
Bostic
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Fed’s Bostic open to another jumbo rate cut if jobs market unexpectedly weakens
Investing.com -- Atlanta Federal Reserve President Raphael Bostic signaled on Monday that he was open to backing another 50 basis point rate cut at the Fed's November should the labor market show unexpected weakness. "A surprise to the weak side .... would pull me much further into really needing another dramatic move," Bostic said in an
September 30, 2024