July 2, 2024

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Former Fed President Discusses Potential for 2 Interest Rate Cuts This Year

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Former Fed President Discusses Potential for 2 Interest Rate Cuts This Year
Former Fed President Discusses Potential for 2 Interest Rate Cuts This YearFormer Boston Fed President Eric Rosengren has outlined the potential for two interest rate cuts this year. He cited recent Federal Open Market Committee (FOMC) discussions and stabilizing inflation trends. “I am expecting we’ll probably get some more favorable inflation numbers over the next couple of months,” he opined. ‘I Don’t Think We’re Down to […]