Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown
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#b4a637a9 ver:0.78

Atlanta Fed President Bostic expects one rate cut this year, emphasizing housing affordability amid economic slowdown. He highlights the need to improve housing affordability and suggests exploring options like manufactured homes and relaxing 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 the Fed to ease monetary policy. Bostic estimates inflation will return to 2% in late 2025 or early 2026. #Fed #RateCut #HousingAffordability #EconomicSlowdown...

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