Fed's Bostic: 2024 outlook is one rate cut before the end of the year, inflation will continue to fall but at a slower pace

According to Odaily Planet Daily, Fed President Bostic recently said that his outlook for 2024 is to cut interest rates once before the end of the year, but he is not in a hurry to cut interest rates. He emphasized that he will always pay attention and adjust the outlook as needed. He also predicted that inflation will continue to fall, but the slowdown will be much slower.