News list for "bostic"
The retiring Atlanta Fed President Bostic said in an article on Wednesday that the Federal Reserve should continue to focus on addressing inflation, with high price pressures expected to continue through most of next year. Bostic also revealed that at the Fed's December policy meeting, he not only favored keeping interest rates unchanged, but also recommended that they be maintained throughout 2026, citing the possibility that economic tailwinds will continue to weigh on inflation.
The Federal Reserve's Bostic: In the 2026 forecast (dot plot), no interest rate cuts are included, arguing that the economy will perform more strongly at about 2.5% GDP growth, so policy needs to remain restrictive.
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....
Federal Reserve official Bostic expressed support for keeping interest rates unchanged until inflation fell to 2%.
The Atlanta Fed has announced that its chairperson, Cheryl Venable, will serve as interim chairperson when his term ends on February 28.
The biggest question for stablecoins is which use cases will dominate; cross-border transfer is likely to be one of them.
Atlanta Fed President Robert Bostic made clear on Friday that a December rate cut was not a given. 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 are neither pre-set nor deviate from the principle of data dependence." Bostic specifically pointed out that despite strong market expectations for a rate cut at the end of the year, Federal Reserve Chairperson Jerome Powell made it clear after this...
BOSTIC, Federal Reserve: The dot plot numbers show that there are different views, but don't get too ahead of yourself. We will rely on the data to ensure appropriate decision-making.
On November 1st, Atlanta Federal Reserve President Bostic made it clear on Friday that a December interest rate cut is not a given. 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 deviate from the principle of data dependence." Bostic specifically pointed out that despite strong market expectations for a rate cut at the end of the year, Federal Reserve Chairperson...
The Federal Reserve's Bostic said it would prefer interest rates to remain unchanged this week, but ultimately supports a rate cut this week, with tensions between various tasks.
