Economy News Fed S Bostic Says Economy Likely Slowing, Though Rate Cut Timing Uncertain

Inflation, government shutdown reduces confidence for another Fed rate cut

The Federal Reserve is contending with two main obstacles — a dual mandate of keeping prices in check and sustaining job growth and a lack of economic data caused by the government shutdown. Those ... Read More

Fed’s Jefferson Says Fed Should ‘Proceed Slowly’ With Any Further Easing

After two quarter-point rate reductions so far in 2025, the Fed’s policy stance is “still somewhat restrictive, but we have moved it closer to its neutral level that neither restricts nor stimulates ... Read More

Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly

Philip Jefferson offered a case study in the central bank’s predicament Monday, acknowledging the risk of stubborn inflation and weaker employment conditions—dueling threats that call for opposing ... Read More

Fed’s Bostic Says Inflation Is Still the Clearer and Urgent Risk

Federal Reserve Bank of Atlanta President Raphael Bostic said inflation remains the greater risk to the economy, and he favors keeping rates steady until it is clear the central bank is on track to ... Read More

Fed's not moving in direction of goals on both mandates, Bostic says

Federal Reserve Bank of Atlanta President Raphael Bostic said Friday that on both of the central bank's mandates -- full employment and stable prices -- "we are not moving in a direction that's ... Read More

Atlanta Fed’s Bostic: ‘I see little to suggest that price pressures will dissipate before mid- to late 2026’

Inflation continues to pose the most urgent risk to economic stability despite shifts in the labor market, according to Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta. Read More

Bostic announces retirement amid Trump push for more influence over Fed

Atlanta Federal Reserve President Raphael Bostic, the first Black and openly gay person to lead one of the U.S. central bank's 12 regional banks, said on Wednesday he will retire at the end of his ... Read More

Atlanta Fed president Bostic to retire in February, opening seat on key committee

Raphael Bostic, president of the Federal Reserve Bank of Atlanta, is retiring at the end of his current term in February, opening up a new seat on the Fed’s interest-rate setting committee at a time ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this ... Read More