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Fed’s Bostic warns US progress on inflation is likely to slow

Por: New York Post Business January 15, 2024

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Atlanta Federal Reserve President Raphael Bostic said inflation could “see-saw” if policymakers cut interest rates too soon, warning that inflation’s descent towards the central bank’s 2% goal was likely to slow in the months ahead, the Financial Times reported on Sunday. Bostic, who will be a voting member on the Federal Open Market Committee this year, said he was “expecting to see much slower progression of inflation moving... + full article



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