Fed’s Bostic: Comfortable skipping a rate cut if data supports

Atlanta Fed President Raphael Bostic, in an interview with WSJ, indicated that he is open to pausing further rate cuts if economic data warrants it. “I am totally comfortable with skipping a meeting if the data suggests that’s appropriate,” Bostic said. His view aligns with the more conservative approach seen in Fed’s recent projections, where […]

The post Fed’s Bostic: Comfortable skipping a rate cut if data supports appeared first on Action Forex.