Fed's Bostic open to no rate cut in November

Bitget2024/10/10 17:47

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Federal Reserve official Bostic said he is open to cutting interest rates by 25 basis points or staying the course at next month's meeting, depending on how the economic outlook evolves. In an interview on Thursday, Bostic said, ‘I'm totally in favour of skipping (a rate cut) if the data show it's appropriate.’

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Fed's Bostic open to no rate cut in November

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