By Bloomberg (Business) | Created at 2024-09-23 13:41:17 | Updated at 2024-09-30 11:36:29
6 days ago
September 23rd, 2024, 1:29 PM GMT+0000
Federal Reserve Bank of Atlanta President Raphael Bostic says a large move to start the central bank’s cutting cycle will help bring interest rates closer to neutral levels as the risks between inflation and employment become more balanced. Bostic said, “the labor market is not yet flashing red for me,” as he spoke Monday to an event organized by the European Economics and Financial Centre. (Source: Bloomberg)
