Raphael Bostic, President of the Atlanta Federal Reserve, stated that he has not yet decided whether a rate cut is necessary this month, but still believes that officials should continue to lower interest rates in the coming months. "The risks to achieving the dual mandate of maximum employment and price stability have become roughly balanced. Therefore, we should also begin to shift monetary policy to a stance that neither stimulates nor suppresses economic activity," Bostic wrote in an article published on Monday, referring to the Federal Open Market Committee (FOMC). Despite fluctuations in data, Bostic stated that inflation is sustainably moving towards the Fed's 2% target. He also noted that there are no signs of the labor market deteriorating rapidly, but decision-makers need to remain vigilant about the risks facing inflation and employment. When discussing whether he supports a rate cut in December by the Fed, Bostic said, "I will consider all options."
亚特兰大联储行长表示对12月会议的选项保持开放
The president of the Atlanta Federal Reserve has stated that options for the December meeting remain open.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.