Fed’s Bostic: Expects a 25-basis-point rate cut later this year
According to Jinse Finance, Federal Reserve's Bostic stated that there is currently no need to cut interest rates, and he expects a single 25-basis-point rate cut later this year. Inflation risks persist, as companies can no longer delay price increases driven by tariffs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Launches 36th On-Chain Trading Competition with 20,000 BGB in Rewards
Powell May Face Distractions from Trump and Bessent at Jackson Hole Symposium
South Korea’s Financial Regulator to Submit Stablecoin Regulation Bill in October
Futures for the three major U.S. stock indexes mostly decline, with the S&P 500 down 0.13%
Trending news
MoreCrypto prices
More
