🔥 Bostick from the Federal Reserve Bank of Atlanta suggests a potential interest rate cut amid economic uncertainty.

🔥 Atlanta Fed President Raphael Bostick reiterated his belief that a rate cut this year may be appropriate, although this decision may be influenced by inflation and labor market conditions. We may see that cut by 25 basis points.

🔥 Bostick added that the situation may change depending on the path of inflation and developments in the employment sector over the coming months. He expressed ongoing concerns about the impact of tariffs on prices, noting that their effects may linger and may not fully materialize for several months. Bostick warned against complacency, cautioning against the assumption that expectations will remain stable without another wave of inflation.