Atlanta Federal Reserve Bank President Raphael Bostic said Friday he will be patient on cutting rates to make sure inflation does not stall out above the U.S. central bank's 2% target. "I'm not in a rush to get anywhere,

The Fed last month cut rates by 50 basis points in the first of what is expected to be a series of reductions over the next year to remove some of the policy restraint it imposed to lower inflation.

Federal Reserve Bank of Atlanta President Raphael Bostic said he’s not in a hurry to lower interest rates to the so-called neutral level, emphasizing that policymakers are committed to achieving their 2% inflation target.

(Reuters) -Atlanta Federal Reserve Bank President Raphael Bostic on Friday made the case for patient reductions in the central bank's policy rate to somewhere between 3% and 3.5% by the end of next year,

WE NEEDED TO MOVE POLICY RATE BECAUSE RISKS HAD SHIFTED. FED'S BOSTIC: NEUTRAL POLICY RATE IS IN 3 TO 3.5% RANGE Fed’s Bostic: Expect To Reach 2% Inflation Near End-2025 - “That Should Be The Timetable For Getting Rates To Neutral” FED'S BOSTIC: AN OUTSIZED FIRST RATE CUT WAS APPROPRIATE,

Bengali noted that as the data and seasonality ensued, the bond markets moved accordingly, and the Fed — being data dependent — "seems to be on the back foot each time, chasin

It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job market with the first in what is expected to be a series of rate cuts. The impact?