Fed signals central bank unlikely to cut interest rates in July
Atlanta Federal Reserve President Raphael Bostic indicated in an interview with FOX Business’ Liz Claman that the likelihood of an interest rate cut in July is low, citing signs of slowed inflation progress. Bostic stated that he is closely monitoring the short-term trajectory of economic indicators and does not foresee a rate cut in July. He emphasized the importance of economic strength and inflation moving … Continue reading Fed signals central bank unlikely to cut interest rates in July
