Fed’s Bostic Now Sees Just One Rate Cut This Year Due to Tariffs

Trade war not good for interest rates or home buyers: Cotality

Inflation could spike over the near term, leading a smaller rate cut and depriving home owners of much needed mortgage relief according to a global CEO.

Fed’s Bostic Now Sees Just One Rate Cut This Year Due to Tariffs

Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation.

Fed’s Goolsbee sees lower interest rates in a year’s time, but warns of uncertainties, FT reports - Regional Media News

(Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee said he expected interest rates to be “a fair bit lower” in 12-18 months but added that it may take longer than anticipated for the next cut because of economic uncertainty, according to a Financial Times interview published Wednesday. Goolsbee, a voting member of Fed’s rate-setting committee this year, told the FT that if markets start factoring higher inflation then he would vie…

Fed’s Bostic sees just one rate cut in 2025, warns tariffs may reinforce inflation - Action Forex

Atlanta Fed President Raphael Bostic said in a Bloomberg interview that he’s now projecting just one cut by year-end, down from his earlier expectation of two. Bostic explained the shift was due to his view that inflation will be “very bumpy and not move dramatically and in a clear way to the 2% target”. With […] The post Fed’s Bostic sees just one rate cut in 2025, warns tariffs may reinforce inflation appeared first on Action Forex.

Fed’s Bostic sees only one rate cut in 2025 as Trump demands immediate action again

Raphael Bostic, President of the Federal Reserve Bank of Atlanta, is backing away from the idea of two rate cuts this year. Now he’s saying there’s likely going to be just one rate cut in 2025. His reason? Tariffs. He thinks the new tariffs are dragging out inflation and making it harder to bring prices down. That’s pushing everything back, including how long rates stay high. In an interview with Bloomberg on Monday, Bostic said: “I moved to one…

Reading time approx.: 1 minutes, 33 secondsAlthough higher tariffs could theoretically cause only a spot jump in prices, the official said he is concerned that at this time both businesses and consumers may have incorporated into their expectations higher inflation from the recent post-pandemic experience. Atlanta Federal Reserve President Raphael Bostic said he anticipates slower inflation progress in the coming months. As a result, he now sees…