Atlanta Fed President Raphael Bostic Talks Rate Cuts
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Federal Reserve Bank of Atlanta President Raphael Bostic said it’s possible that more than one interest-rate cut may now be needed by year-end, shifting his view in the wake of data showing falling inflation and a slowing labor market. He speaks with Bloomberg’s Lisa Abramowicz and Tom Keene from the sidelines of the Economic Policy Symposium in Jackson Hole, Wyoming.See omnystudio.com/listener for privacy information.