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coinpedia 2024-06-28 05:13:11

Interest Rate Cut Likely In The Fourth Quarter, Says Atlanta Federal Reserve President

The post Interest Rate Cut Likely In The Fourth Quarter, Says Atlanta Federal Reserve President appeared first on Coinpedia Fintech News Atlanta Federal Reserve President, Raphael Bostic, stated on Thursday that an interest rate cut in the fourth quarter was likely, with inflation moving in the right direction, as reported by Reuters. He further included that penciled in four quarter-percentage-point rate cuts for 2025, the Fed is on a long-term arc. Fed can achieve a 2% …

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