Raphael Bostic, Federal Reserve
Fed's Bostic says he is in no rush to get rates down to neutral
Atlanta Federal Reserve Bank President Raphael Bostic said Friday he will be patient on cutting rates to make sure inflation does not stall out above the U.S. central bank's 2% target. "I'm not in a rush to get anywhere,
Fed’s Bostic Says He Favors Patience in Cutting Rates Further
Federal Reserve Bank of Atlanta President Raphael Bostic said he’s not in a hurry to lower interest rates to the so-called neutral level, emphasizing that policymakers are committed to achieving their 2% inflation target.
Fed’s Bostic Keeps Door Open to Skipping Rate Cut in November
A Federal Reserve official said he was open to cutting interest rates by a quarter percentage point or standing pat at the central bank’s meeting next month depending on how the economic outlook develops.
Fed's Bostic says his 'dot' was for 25 bp more in cuts in 2024
Atlanta Federal Reserve President Raphael Bostic on Tuesday said he penciled in just one more interest rate reduction of 25 basis points this year when he updated his projections for last month's U.S.
Bostic, de la Fed, dice que no tiene prisa por bajar la tasa al nivel neutral
El presidente del Banco de la Reserva Federal de Atlanta, Raphael Bostic, aseguró que no tiene prisa por bajar las tasas de interés hasta el llamado nivel neutral, enfatizando que los responsables de la política monetaria están comprometidos con alcanzar el objetivo de inflación del 2%.
Fed's Bostic says 'totally comfortable' skipping rate cut at upcoming meeting
The Federal Reserve could stand pat at an upcoming policy meeting if the data warrant, Atlanta Fed President Raphael Bostic said Thursday. "I am totally comfortable with skipping a meeting if the data suggests that's appropriate,
Fed officials signal more rate cuts, Bostic open to a skip
Slowly cooling inflation and a U.S. job market that remains strong but at risk of deteriorating give a green light for more interest-rate cuts in coming months, Federal Reserve policymakers indicated in remarks on Thursday,
Fed's Raphael Bostic doesn't foresee rate cuts coming until 'late 2024'
The central bank official told CNBC that there's still a lot of work to be done before the Fed reaches its inflation goal of 2% annually.
Atlanta Fed's Bostic: 'I'm not in a rush' to get to interest rates down to neutral
I’m not in a rush to get to neutral,” Federal Reserve Bank of Atlanta President Raphael Bostic said of interest rates during a moderated conversation at an event hosted by the Mississippi Council on Economic Education in Jackson,
Fed's Bostic sees no need to rush on rate cuts
By Ann Saphir (Reuters) -Atlanta Federal Reserve Bank President Raphael Bostic on Friday made the case for patient reductions in the central bank's policy rate to somewhere between 3% and 3.5% by the end of next year,
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FED: Bostic Continues To Cast A Cautious Tone, Logan / Schmid In Focus Monday
Atlanta Fed Pres Bostic continued to cast a more cautious tone on the near-term rate outlook, saying that "we are not in a rush to neutral". On that topic, he repeated he sees the neutral rate ...
Bostic says US employment and expansion to stay robust
Bank of Atlanta president Raphael Bostic says he expects the US economy to slow this year but to remain robust, adding that ...
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Fed's Bostic Says Large Cut Bolsters Labor Market, Pace Not Set
Federal Reserve Bank of Atlanta President Raphael Bostic said starting the central bank’s cutting cycle with a large move will help bring interest rates closer to neutral levels as the risks ...
Fed's Bostic says impact from two hurricanes could last longer than six months
The impact of hurricane season could impact the economy for more than six months, Atlanta Fed President Raphael Bostic said, on Tuesday. Hurricane Helene has created tremendous devastation and a lot ...