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Citing the six-month change in core PCE inflation of 1.9%, Bostic said he will be looking for continued good news there. The Atlanta Fed head is also looking for evidence that wages adjusted for ...
Fed Chair Jerome Powell is taking questions from journalists after the central bank held interest rates steady following three consecutive cuts at the end of 2024.
Edit Update. Stocks hold steady as Fed’s rate cut arrives. Stocks largely remained unchanged Thursday afternoon after the Fed announced a 25-basis-point interest rate cut.
Two Fed officials made it clear Monday that it was too early to declare that inflation had been defeated, pouring cold water on Wall Street hopes for a rate cut soon. Fed's Bowman and Bostic ...
Two Fed officials warned Tuesday that interest rates will likely stay high for a long time. Atlanta Fed President Raphael Bostic said Tuesday that he’s comfortable with rates in the current ...
Mester in her speech Wednesday said that while inflation is still above the Fed's target "there has been discernible progress on inflation even while the overall economy has remained relatively ...
Atlanta Fed president Raphael Bostic still expects one rate in 2024, but is not ruling out the possibility of two or zero depending on the direction of the US economy and inflation.
Atlanta Federal Reserve President Raphael Bostic said on Monday he has an open mind about whether to cut interest rates again at the Fed's December meeting, with upcoming data on jobs important in ...