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Atlanta Fed's Bostic: 2023 Inflation Bumpy, One Rate Cut Expected

3/25/2025

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Summary

Story summary

Atlanta Fed President Raphael Bostic characterizes 2023 inflation as "bumpy" and stagnant.
He now expects just one interest-rate cut this year, revised from two.
Bostic's updated forecast reflects his perspective on inflation trends.
These insights were shared during a recent Bloomberg interview.

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Story summary

Atlanta Fed President Raphael Bostic characterizes 2023 inflation as "bumpy" and stagnant.
He now expects just one interest-rate cut this year, revised from two.
Bostic's updated forecast reflects his perspective on inflation trends.
These insights were shared during a recent Bloomberg interview.