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Bloomberg Talks

Atlanta Fed President Raphael Bostic Talks Rate Cuts

Aug 23, 2024
Raphael Bostic, President of the Federal Reserve Bank of Atlanta, shares insights on potential interest-rate cuts in light of declining inflation and a slowing labor market. He discusses the delicate balance of maintaining Fed independence amidst political pressures and the significance of reaching the 2% inflation goal. Bostic emphasizes data-driven decision-making and the cautious outlook from business leaders regarding economic stability and workforce growth. Tune in to hear his take on how these factors shape monetary policy.
08:07

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Quick takeaways

  • Atlanta Fed President Raphael Bostic highlighted the possibility of multiple interest-rate cuts by year-end due to falling inflation data.
  • The podcast emphasizes the significance of maintaining data-driven economic policies amidst shifts in inflation and labor market dynamics.

Deep dives

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