Federal Reserve Bostic: Due to uncertainty, it is expected to cut interest rates once this year

律动BlockBeats|May 16, 2025 08:10
According to BlockBeats, on May 16th, the Federal Reserve's Bostic announced that it expects to cut interest rates once this year due to uncertainty. This year's economic growth rate may be 1% or 0.5%. I expect economic growth to slow down, but I don't think there will be a recession. (Golden Ten)
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