Fed's Bostic Signals Potential September Rate Cut Atlanta Federal Reserve President Raphael Bostic has signaled openness to a potential interest rate cut in September, marking a shift in his stance on monetary policy. In an interview with the Financial Times, Bostic emphasized the need for timely action as inflation cools and the labor market shows signs of weakening. This aligns with market expectations and recent economic data, suggesting the Federal Reserve may be preparing to ease its monetary policy for the first time in this cycle. Bostic’s comments reflect a growing consensus among Fed officials that the time for rate cuts may be approaching, though he remains cautious about the pace and magnitude of potential reductions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Reserves in 2024: Discover Which Countries Hold the Most READ MORE Middle East Tensions Stir Global Economic Concerns as Oil Prices Climb READ MORE Decoding the Drivers Behind Bullion's Sudden Ascent READ MORE Russian Finance Ministry Accelerates De-Dollarization with Massive Gold Buy READ MORE Incrementum: Monthly Gold Compass February 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment