Even with those cuts, monetary policy is still in restrictive territory, Bostic contended in a fireside chat at the Dallas Fed.

A divided Federal Open Market Committee voted October 29 for the second interest rate cut of 2025 and halted the post-Covid-19 pandemic program that has reduced the Federal Reserve's balance sheet.

Atlanta Fed President Raphael Bostic said he doesn't think the labor market "is in crisis right now." Bostic's comments are interesting because he has made it a priority to keep in close contact with ...

A clutch of Federal Reserve bank presidents on Friday aired their discomfort with the U.S. central bank's decision to cut ...

The imbalance between rich households and lower-income earners is taking on new importance as more company executives flag ...

Federal Reserve Bank of Atlanta President Raphael Bostic said he sees more inflation coming, underscoring that the US central bank needs to remain on guard against price pressures. “Not having been at ...

WASHINGTON (Reuters) -The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely needing a year or longer to adjust to the shifts ...

WASHINGTON (Reuters) -High inflation remains the U.S. Federal Reserve's main risk, though evidence of a weaker labor market still likely warrants a single quarter-point rate cut this year, Atlanta Fed ...

Atlanta Fed President Raphael Bostic's view for rates remains at one rate cut for the year, he said on Thursday. The current federal funds rate of 4.25%-4.50% is "marginally restrictive, not super ...

Federal Reserve Bank of Atlanta President Raphael Bostic said he still supports holding interest rates steady and pointed to recent inflation data showing price pressures are rising. “We are seeing ...