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open to changing views on the timing of rate cuts

by SuperiorInvest


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President of the Federal Reserve System (Fed) in Atlanta Raphael Bostic crossing news channels on Friday, reiterating his stance on rate cut expectations before the Fed enters a “blackout” period ahead of the Fed’s next rate meeting on January 31.

Main advantages

  • Atlanta Fed President Bostic: I’m open to changing my view on the timing of rate cuts.
  • Fed remains data dependent, Bostic will only change position if inflation numbers change.
  • The Fed’s Bostic needs to see inflation well on its way to 2% before actively advocating for rate cuts.

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