Fed’s Bostic makes case for first rate cut in July-September quarter

Fed’s Bostic makes case for first rate cut in July-September quarter

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Atlanta Fed President Raphael Bostic on Thursday laid out the case for the central bank holding off from any interest-rate cut until the July-September quarter. Bostic said he has recently moved up his projected time to begin reducing the Fed’s benchmark rate to the third quarter from the fourth…

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