Fed’s Bostic: Inflation still top concern, sees one cut in 2025

Atlanta Fed President Raphael Bostic said today that “price stability remains the primary concern,” after four years above target inflation, though a slowing labor market likely justifies one quarter-point rate cut this year. Bostic warned that tariffs could add renewed price pressures, with firms unlikely to absorb higher import costs indefinitely. He said the full […]

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