News list for " Atlanta"
Mr. Bostic, president of the Atlanta Fed, signalled that while he supported the latest two rate cuts, he had not yet decided whether to endorse another cut next month. "I can live with the first two cuts, but we'll have to wait and see for the next one," Mr. Bostic said at an event in Seattle on Friday. "I want to use the data to judge what kind of policy is most appropriate....
The Atlanta Fed has announced that its chairperson, Cheryl Venable, will serve as interim chairperson when his term ends on February 28.
On September 13, according to documents seen by Reuters, Federal Reserve Governor Lisa Cook declared the Atlanta, Georgia property to lenders as a "vacation home" when she purchased it. This could help refute the Trump administration's allegations of mortgage fraud against her. The document, dated May 28, 2021, was issued by Cook's credit union a few weeks before the purchase was completed, showing that she had informed lenders that the Atlanta property was not her primary residence. Two indepen...
On Wednesday, a number of senior officials, including Governor Waller and Atlanta Federal Reserve President Bostic, released interest rate cut signals, emphasizing that the weak labor market is the core driver of interest rate cuts. Click to view...
Trump's tariff storm has brought the US economy to a sudden halt! Atlanta Federal Reserve President warns: Any bold action by the Federal Reserve is too dangerous. Click to view...
The 2027 FOMC voting committee and Atlanta Fed President Robert Bostic will speak on monetary policy in ten minutes.
Federal Reserve Bank of Atlanta President Robert Bostic said the job market is still doing pretty well and the latest inflation data shows it still needs to be monitored cautiously. And said GDP is more resilient than expected. It is difficult to have confidence in any forecast at this time given the uncertainty of policy on multiple fronts. The Fed will remain on the sidelines until it gets more clear information.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.9% in the fourth quarter, compared with a previous estimate of 2.9%.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.2% in the fourth quarter, compared with a previous estimate of 3.0%.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.2% in the fourth quarter, compared with a previous estimate of 3.0%.
