Will not rule out interest rate cuts this summer, needs more data: Atlanta Fed president | Reuters

2024-02-16 22:16:26

Atlanta Federal Reserve President Bostic said on Tuesday that he would need more data to be convinced that inflation pressures are actually declining, but did not rule out lowering interest rates at some point in the coming months. showed that. Photographed in January 2022 (2024 Reuters/Joshua Roberts)

[ニューヨーク 16日 ロイター] – Atlanta Fed President Bostic said on Tuesday that he would need more data to be convinced that inflation pressures are actually declining, but did not rule out lowering interest rates at some point in the coming months. He showed his attitude.

In an interview with CNBC, Bostic said, “My own outlook is to begin normalization this summer and return to a more neutral policy stance,” citing the “very significant progress” in reducing inflation. , said the expected rate cut has been brought forward.

He added that if the inflation rate makes strong progress towards the 2% target, he would like to move forward the expected timing of the rate cut, but would like to confirm that the improvement continues before making any decisions. Ta.

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