Bostic: Interest rate cut possible this year, with three cuts planned for next year

Published: Jul 1, 2025 11:29

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Raphael Bostic, president of the Federal Reserve Bank of Atlanta in the US, reiterated on Monday that he still believes the US Fed will lower its benchmark interest rate target once this year, while stating that there is currently no urgency to take action, as there are still many uncertainties regarding the impact of trade tariffs on the inflation dynamics of the US economy. When discussing the expectation of one interest rate cut in 2025, Bostic expressed that he still holds this view at an event hosted by Market News International. He also noted that he plans to cut interest rates three times next year.

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