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Atlanta Fed Head Foresees 2 Rate Cuts This Yr; Yet Outlook Murky
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Atlanta Federal Reserve Bank President Raphael Bostic said that the Fed is expected to cut interest rates twice in 2025, but uncertainty has heightened. He pointed out that the US monetary policy is now in good shape, while warning that officials must remain vigilant as amplified policy uncertainty could influence the labor market and inflation. However, he added, there is considerable uncertainty about the direction of some important factors, including possible changes in policies for trade, immigration, energy and finance. AAStocks Financial News |
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