Investors will have to wait awhile for interest-rate cuts, Fed’s Bostic says
Investors will have to wait until at least July for those widely expected interest-rate cuts, according to one Federal Reserve presidentâs outlook.
Atlanta Fed President Raphael Bostic said rate cuts probably wouldnât be suitable until the third quarter given the current strength of the economy.Â
Thatâs a quarter earlier than he originally…
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