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TechFlow news, May 16 — According to Jinshi Data, Federal Reserve's Bostick said he expects one rate cut this year due to uncertainty. He predicted U.S. economic growth this year could be between 1% or 0.5%, and although growth is slowing, he does not believe a recession will occur.
According to Jinshi Data, Federal Reserve's Bostic said due to uncertainty, he expects one rate cut this year. He predicted U.S. economic growth this year could be between 1% or 0.5%, and although growth is slowing, he does not believe a recession will occur.
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