FED’s Bostic Signals Bullish Outlook with Potential Rate Cut in Q4
Federal Reserve Bank of Atlanta President Raphael Bostic has hinted at the possibility of a half-percentage-point rate cut in November, fueling market optimism for Q4 2024. This potential move would aim to stimulate the economy by lowering borrowing costs, potentially boosting housing markets, business investments, and consumer spending. For investors, a rate cut could increase …
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