Federal Reserve Official Predicts Single Rate Cut Amid Economic Uncertainty
By: binance|2025/05/16 08:30:07
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According to PANews, Federal Reserve official Bostic has indicated that due to prevailing economic uncertainties, a single interest rate cut is anticipated this year. He forecasts that the U.S. economy may grow at a rate between 1% and 0.5% in 2025. Despite the slowdown in growth, Bostic does not foresee an economic recession occurring.
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