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Fed, Bostic
In Depth
Exclusive: Fed's Bostic open to another large rate cut if job market weakens
Atlanta Federal Reserve President Raphael Bostic said on Monday he would be open to another half-percentage-point interest rate cut at the U.S. central bank's meeting in November if upcoming data show job growth slowing faster than expected.
Fed's Bostic: Could see another jumbo cut if labor market deteriorates
Bank of Atlanta President Raphael Bostic noted on Tuesday that the Fed should be willing to explore more outsized rate cuts if the jobs market deteriorates. The Fed's Bostic also assured markets that his business contacts continue to say they do not expect layoffs,
Atlanta Fed's Bostic signals willingness for another 50-bp rate cut - report
Another bumper 50-basis-point interest rate cut by the Federal Reserve at its upcoming November meeting could be considered if forthcoming labor-market data show a "surprise to the weak side," Atlanta Fed President Raphael Bostic said in an interview with Reuters on Monday.
Fed's Bostic and Kashkari explain why they supported a jumbo rate cut
Two Federal Reserve officials explained why they supported a 50 basis point rate cut, citing progress on inflation and a cooling job market.
Atlanta Fed's Bostic Says Easing Inflation Justified Half-Point Cut
Atlanta Federal Reserve President Raphael Bostic said signs that inflation was heading closer to the Fed's 2% target prompted him to vote for a half-point rate cut at the central bank's meeting last week.
Atlanta Fed's Bostic explains why 50-basis point rate cut was the right move
Atlanta Fed President Bostic cautious on further rate cuts due to uncertainty in reaching inflation and employment goals, signaling normalizing policy.
Fed’s Bostic Says Large Cut Bolsters Labor Market, Pace Not Set
Federal Reserve Bank of Atlanta President Raphael Bostic said starting the central bank’s cutting cycle with a large move will help bring interest rates closer to neutral levels as the risks between inflation and employment become more balanced.
Fed's Goolsbee reiterates case for extended path of rate cuts
Chicago Federal Reserve President Austan Goolsbee reiterated on Monday that he sees a case for extensive U.S. central bank interest rate cuts given the current state of the economy and where it is likely to go.
Bristol Herald Courier
4h
PREP FOOTBALL: Bostic leads Union to Mountain 7 District win
Both teams survived their extended, agonizing weekend, eventually landing at J.Fred Johnson Stadium on the Dobyns-Bennett ...
The Spokesman-Review
8d
Fed’s Bostic says large cut bolsters labor market, but pace not set
Federal Reserve Bank of Atlanta President Raphael
Bostic
said starting the central bank’s cutting cycle with a large move ...
1d
Fed's Bostic: Will be watching the Friday jobs report closely
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Monday that further deep cuts could be warranted from the Fed if the US labor market shows unexpected weakness. I am open to ...
7d
Suspect in bus station stabbing enters court plea
The man accused of stabbing a teenager at a Jasper County bus station makes his first appearance in court. David Bostic, 47, ...
Federal Way Mirror
1d
Meet Federal Way Senior Commission Chair Lana Bostic
Lana Bostic has lived in Federal Way since 1980, and after retiring, she wanted to find a way to be involved, so she joined ...
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