Fed's Bostic: I only see one rate cut this year, but could be more if trade talks pick up
Source Fxstreet
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic hit newswires on Monday with his own rate cut forecast. According to Bostic, the Fed is on pace to do only a single quarter-point rate cut in 2025. This undercuts current rate market bets of at least two cuts by December, with four total rate cuts priced in by H2 2026.
Key highlights
Policy is mildly restrictive.
I see one interest-rate cut this year.
We could pull forward actions if trade negotiations pick up.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Despite signs of improving momentum, with RSI climbing and EMA lines hinting at a potential breakout, ETH continues to lag behind competitors like Solana in multiple metrics.
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Bitcoin (BTC) price remains steady above a key support level, trading slightly above $106,000 at the time of writing on Friday.
