Fed’s Bostic sees only one rate cut in 2025 as Trump demands immediate action again

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. His reason? Tariffs. He thinks the new tariffs are dragging out inflation and making it harder to bring prices […] source: https://www.cryptopolitan.com/fed-bostic-only-one-cut-trump-action-now/