Three Fed Officials Shrug Off CPI Report, Bostic Open to Pause --[Reported by Umva mag]

Three Federal Reserve policymakers on Thursday were unfazed by a higher-than-forecast September inflation report, suggesting the US central bank can continue lowering interest rates, but a fourth hinted he may favor a pause at their next meeting.

Oct 10, 2024 - 18:59

Three Fed Officials Shrug Off CPI Report, Bostic Open to Pause --[Reported by Umva mag]

(Bloomberg) — Three Federal Reserve policymakers on Thursday were unfazed by a higher-than-forecast September inflation report, suggesting the US central bank can continue lowering interest rates, but a fourth hinted he may favor a pause at their next meeting. Read More

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