Fed President Bostic Confident in Rate Cut
This is a Atlanta news story, published by CoinGape, that relates primarily to Raphael Bostic news.
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Fed President BosticCoinGape
•US Fed Hints Cautious Rate Cut Despite Easing Inflation, What's Next?
72% Informative
US Federal Reserve Bank of Atlanta President Raphael Bostic is confident in potential rate slash.
While confident in inflation figures, he noted slowed cut move to prevent surprises.
Pivoting with a dovish stance remains the much watched monetary policy at the moment.
US PPI inflation eased to 2.2% in July , down from 2.7% in June .
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