Bostic Warns of Inflation Risks, Urges Caution on Rate Cuts
Update: 2025-12-17
Description
Atlanta Federal Reserve President Raphael Bostic warns against further interest rate cuts, fearing they could exacerbate inflation and erode public trust. He acknowledges job market weakness but doesnt anticipate a major downturn, attributing some changes to economic adjustments and pandemic recovery. Inflation, however, remains a concern, with Bostic predicting it could still exceed 2.5% by the end of next year, potentially damaging the Feds credibility.
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