Fed's Bostic: it is 'time to move' on rate cuts, but wants to be sureWith inflation lowering and unemployment rising more than anticipated, Federal Reserve Bank of Atlanta President Raphael Bostic indicated i...
Fed's Bostic: Open to a rate hike if inflation progress stallsProgress toward the Fed's 2% inflation goal has slowed in recent months, and U.S. central bankers have generally said that means they will ...
US Fed official now sees just one rate cut at end of 2024Atlanta Fed President Raphael Bostic suggested that the US economy's current strength warrants only one interest rate cut this year, likely...
Official says Fed open to 'summer time' rate cutKey to its decision is whether inflation - down sharply since hitting a multi-decade high in 2022 - continues to close in on the Fed's long...
Fed's Bostic sees no 'urgency' to raise rates again, but cuts a long way off"I don't think there is an urgency for us to do anything more ... I want us to hold. I think that is the appropriate thing to do for a long...
Atlanta Fed's Raphael Bostic says US interest rates are high enoughAtlanta Federal Reserve Bank President Raphael Bostic laid out a case on Thursday against any further U.S. interest rate hikes, saying mone...
Softer dollar sets gold on track for best week since mid-JanuaryAtlanta Fed President Raphael Bostic said on Thursday the impact of higher U.S. rates on the economy may only begin to "bite" in earnest th...
US stock market: Stocks gain as Bostic backs quarter-point hikeAt the closing bell, Fed Governor Christopher Waller said a string of "hot" data may force the U.S. central bank to raise rates higher than...
Fed's Bostic: jobs data another sign economy is gradually slowing"Today I would be comfortable with either a 50 or a 25 (basis point increase). If I start to hear signs that the labor market is starting t...
Fed's Bostic: Raise rates another 100-125 basis points, stay there 'a long time'"I want to see our policy get to something that is marginally restrictive," Bostic told Bloomberg TV in Jackson, Wyoming, where Fed officia...
Pizza delivery executive turns superhero! 25-year-old saves 5 children from burning houseThe man jumped out of the window clutching a 6-year-old.
Fed officials say tapering is near, advancing discussion on rate hikeTheir remarks are a sign that as Fed officials hold discussions about how and when to taper their asset purchases, they are also getting mo...
Fed officials say 'temporary' inflation surge may last longer than thoughtAtlanta Fed President Raphael Bostic said with growth surging to an estimated 7% this year and inflation well above the Fed's 2% target, he...
Fed's Raphael Bostic says not yet at bar for any QE taper"If we see that substantial, significant progress towards our goals, I'm going to be advocating for us moving policy - now, we are not ther...
Fed policymakers worry growth plateauing, pledge more supportThere is "no limit" to the amount of bond buying the Fed can do.
Fed's Bostic warns of 'pain' with summer end to government aid"All the relief efforts that have been put forward actually have worked"
Fed rate hike, rate cut both 'on the table': BosticPowell cited low inflation and slowing global economy for the need to remain patient.