Wu Blockchain (@WuBlockchain): Atlanta Fed President Raphael Bostic told CNBC that a rate cut may not come until the fourth quarter of this year. He expects just a quarter-percentag…
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Atlanta Fed President Raphael Bostic told CNBC that a rate cut may not come until the fourth quarter of this year. He expects just a quarter-percentage point rate cut to be appropriate in 2024, well below the three or more cuts expected by most of his colleagues.