Fed's Bostic Expects One Rate Cut This Year, Emphasizes Housing Affordability Amid Signs of Economic Slowdown
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#b4a637a9 ver:0.79

Atlanta Fed President Bostic expects one rate cut this year, emphasizing housing affordability amid economic slowdown. He highlights the need to increase housing supply and explores options like manufactured homes and relaxed zoning laws. Bostic believes the US economy will slow down, with wage and job growth declining. He expects progress on inflation and estimates a single rate cut late this year. Bostic is committed to getting inflation to 2% and believes the Fed must do whatever it takes to achieve that goal. #Fed #RateCut #HousingAffordability #EconomicSlowdown...

#newstr #FederalReserve #InterestRates #Inflation #MonetaryPolicy #HousingAffordability 

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