US rate setter tells BBC 'no hurry' to cut interest rates


by BBC News

BBC News— A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".

Morningstar—When Will the Bank of Canada Start Cutting Interest Rates?. Canadian investors and borrowers are on the edge of their seats as they wait for Tiff Macklem and the Bank of Canada to finally cut interest...

CNN—When will the Fed begin to cut interest rates? It’s a mystery. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Nowadays, it’s anyone’s guess when the Federal Reserve will begin to cut interest rates this year — if at all. Fed officials are meeting this week, starting Tuesday, to discuss rates and set policy. They’re widely expected to hold rates steady for the sixth straight meeting. But analysts...

@cityam—Why the Bank of England might be wary of cutting interest rates before the Fed. The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.