Fed's Bostic Keeping 'Options Open' for December Rate Decision

By Yahoo! Finance   |   1 year ago
Fed's Bostic Keeping 'Options Open' for December Rate Decision

Atlanta Fed President Bostic is uncertain about an interest rate cut this month but suggests a gradual decrease in the future. He believes inflation is heading towards the Fed's 2% target and the labor market is stable. Bostic will keep his options open for the upcoming Fed meeting.

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