Reserve

<p>The post <a href="https://coinpedia.org/crypto-live-news/interest-rate-cut-likely-in-the-fourth-quarter-says-atlanta-federal-reserve-president/" rel="noopener noreferrer nofollow">Interest Rate Cut Likely In The Fourth Quarter, Says Atlanta Federal Reserve President</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>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% inflation with a job market that remains tight by historical standards. With Housing costs being at the forefront of the conversation he remains confident shelter inflation will fall back into line. The GDP and job market data suggest an orderly deceleration in activity that will balance supply and demand and lower inflation.</p>

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

CoinPedia News

Andre artikler udgivet 28. jun. 2024

Cryptocurrency Market Shows Decline in Trading Activities

Miner’s wallet reawakens after holding coins for 14 years

Bitstamp Drops Euro Tether Amid New MiCA Rules: A Bold Move in Crypto Regulation

Shiba Inu Enters Buy Zone On The Weekly Chart, AI Predicts 121% Price Surge

Ripple's Top Exec Says US Remains 'Big Challenge'

Fetch.ai Founder Breaks Silence on Coinbase ASI Merger Rejection

Join our free newsletter for daily crypto updates!