Gold News reported that Bostonic of the Federal Reserve said that the US economy is expected to normalize in the coming months; rate cuts are imminent, hoping to see more data again; recent inflation data has strengthened confidence in inflation returning to 2%; if the economy develops as expected, rate cuts will be made before the end of the year; it is at the turning point where inflation is close to the target; do not want the labor market to turn from hot to cold; economic recession is not within his expectations.
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Federal Reserve Bostic: Rate cuts are imminent, hoping to see more data
Gold News reported that Bostonic of the Federal Reserve said that the US economy is expected to normalize in the coming months; rate cuts are imminent, hoping to see more data again; recent inflation data has strengthened confidence in inflation returning to 2%; if the economy develops as expected, rate cuts will be made before the end of the year; it is at the turning point where inflation is close to the target; do not want the labor market to turn from hot to cold; economic recession is not within his expectations.