Fed's Bostic open to not cutting rates in November

avatar
ODAILY
10-11
This article is machine translated
Show original
Odaily Odaily News: Federal Reserve official Bostic said he is open to cutting interest rates by 25 basis points or keeping it unchanged at next month's meeting, depending on the development of the economic outlook. Bostic said in an interview on Thursday, "If the data shows that it is appropriate, I can fully support skipping (rate cuts)." (Jinshi)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments