Fed's Bostic open to not cutting rates in November
2024-10-10 16:52
Odaily News Federal Reserve official Bostic said he was open to cutting interest rates by 25 basis points or keeping them unchanged at next month's meeting, depending on how the economic outlook develops. "If the data shows it's appropriate, I can fully support skipping (a rate cut)," Bostic said in an interview on Thursday. (Jinshi)
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