Federal Reserve Boston: Considering rate cuts, but seeking more data
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Atlanta Fed President Bostic said that considering a rate cut, more data is needed to support the decision to cut rates. He emphasized that now may be the time to cut rates, but he remains cautious about future monetary policy. Bostic expects the upcoming inflation and employment data to be crucial in the decision-making process. Fed Chairman Powell also believes it is time to consider a rate cut, but the pace of the cut will depend on the latest data and economic outlook
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