Bostic Says Fed Can Be Patient, Cut Unlikely Until Year End
Federal Reserve Bank of Atlanta President <-bsp-person state="{"_id":"0000018e-f363-d583-afbf-f3ffb70f0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Raphael Bostic-bsp-person> said he’s comfortable keeping interest rates steady, reiterating he doesn’t think it will be appropriate to lower borrowing costs until toward the end of the year.