Fed's Bostic takes a "hawkish" stance: No support for further rate cuts at this time
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最新报道：According to a report by Nick Timiraos, a "Federal Reserve mouthpiece," on September 22nd, Atlanta Federal Reserve Bank President Raphael Bostic stated that while economic risks have shifted toward greater concerns about employment in recent months, concerns about inflation currently prevent him from supporting another rate cut in October. Bostic stated in the interview that at last week's Fed meeting, he only planned to cut interest rates once for all of 2025. With officials already implementing a rate cut last week, Bostic currently sees no need for further rate cuts at the two remaining meetings this year (in October and December). He stated that these rate cuts were "written in very light handwriting"—underscoring his lack of confidence in the correct direction of the interest rate path, but that he remains more concerned about inflation persistently above the Fed's 2% target.
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