Fed’s Raphael Bostic doesn’t foresee rate cuts coming until ‘late 2024’
The central bank official told CNBC that there's still a lot of work to be done before the Fed reaches its inflation goal of 2% annually.
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The central bank official told CNBC that there's still a lot of work to be done before the Fed reaches its inflation goal of 2% annually.
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/cloudfront-us-east-2.images.arcpublishing.com/reuters/EMBBYRFICRMJPDRGE2RZ2KUOIM.jpg "Johnson imposes COVID-19 ‘Plan B’ in England to contain Omicron")