Fed's Bostic: Open to cutting interest rates before July if inflation falls faster than expected
Fed's Bullard said that he is open to cutting interest rates before July if there is "compelling evidence" that inflation is slowing faster than expected. Bullard reiterated that the benchmark is to start cutting interest rates from the third quarter, but caution is needed to avoid cutting rates too early and risking a demand and price pressure recovery.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending Cryptos of the Week: TIA and BERA Lead the Charge as DeFi and Layer-1s Heat Up
SpaceX plans to conduct the eighth test flight of Starship on February 26
White House: Trump confident that Russia-Ukraine conflict talks can be completed this week
Trending news
MoreCrypto prices
More
