WASHINGTON (Reuters) - Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark ...

Sentiment at the U.S. central bank has subtly shifted toward fewer cuts, even as White House calls for action.

Raphael Bostic, President of the Federal Reserve Bank of Atlanta, is backing away from the idea of two rate cuts this year. Now he’s saying there’s likely going to be just one rate cut in 2025.

Federal Reserve Bank of Atlanta Raphael Bostic said Monday he now expects only one interest rate cut by the end of the year, adding that tariff increases may hinder the central bank’s efforts to ...