Atlanta Fed President Raphael Bostic said inflation concerns would make him hesitant for now to declare support for cutting rates again in October
NegativeFinancial Markets

Atlanta Fed President Raphael Bostic has expressed caution regarding the possibility of cutting interest rates in October due to ongoing inflation concerns. He highlighted that while there are risks of weaker employment outcomes, the persistent high inflation remains a significant issue. This matters because it indicates that the Fed is still grappling with economic challenges, which could impact financial markets and consumer confidence.
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