Fed's Bostic Says An Outsized First Rate Cut Was Appropriate, Was Very Comfortable With That; Kept Rates High For A Long Time, So A Big First Step Was Appropriate; Still A Lot Of Uncertainty On Prices, Consumer Spending; The Larger First Move...

Benzinga · 01:34

Fed's Bostic Says An Outsized First Rate Cut Was Appropriate, Was Very Comfortable With That; Kept Rates High For A Long Time, So A Big First Step Was Appropriate; Still A Lot Of Uncertainty On Prices, Consumer Spending; The Larger First Move Positions Us Well For Any Eventuality

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Fed's Bostic Says An Outsized First Rate Cut Was Appropriate, Was Very Comfortable With That; Kept Rates High For A Long Time, So A Big First Step Was Appropriate; Still A Lot Of Uncertainty On Prices, Consumer Spending; The Larger First Move...

Fed's Bostic Says An Outsized First Rate Cut Was Appropriate, Was Very Comfortable With That; Kept Rates High For A Long Time, So A Big First Step Was Appropriate; Still A Lot Of Uncertainty On Prices, Consumer Spending; The Larger First Move Positions Us Well For Any Eventuality

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