Federal Reserve Bostic: December interest rate cut is not a foregone conclusion
2025-10-31 18:41:17
Mr. Bostic, the Atlanta Fed president, made clear on Friday that a December rate cut was not a foregone conclusion. Speaking about the outlook for monetary policy at the Dallas Fed meeting, he stressed: "I would reiterate that every meeting is a live decision, and we have neither set a course nor deviated from the principle of data dependence." In particular, Mr. Bostic pointed out that despite strong market expectations for a year-end rate cut, Federal Reserve Chairperson Jerome Powell made it clear after this week's policy meeting that a December rate cut is not on the board. DingTalk is a smart move, he said. "The dot plot numbers show that there are different views, but don't read too far ahead. We will rely on the data to ensure that the decision is appropriate."
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