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2024-05-20 12:57:59

Atlanta Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown on Nostr: Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid ...

Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown
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#b4a637a9 ver:0.82

Atlanta Fed President Bostic expects one rate cut this year, emphasizing housing affordability amid economic slowdown. He highlights the need to increase supply and explore options like manufactured homes and relaxed zoning laws. Bostic believes the US economy will slow down, with wage and job growth declining. He expects progress on inflation, setting the stage for eventual easing of monetary policy. Bostic estimates inflation returning to 2% in late 2025 or early 2026. #Fed #RateCut #HousingAffordability #EconomicSlowdown...

#newstr #InterestRates #FederalReserve #Inflation #UsEconomy

https://here.news/story/b4a637a9?ver=0.82
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