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Federal Reserve's Bostic: The fourth quarter could be the time for the Federal Reserve to cut interest rates

Federal Reserve's Bostic: The fourth quarter could be the time for the Federal Reserve to cut interest rates

Bitget2024/05/29 23:54

Federal Reserve's Bostic stated that the breadth of price increases remains quite significant. A narrowing inflation range will boost the Fed's confidence in cutting interest rates, and the fourth quarter could be a good time for the Fed to do so.

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