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Jan 8, 2025
Fed’s Bostic: Inflation is expected to decline but warns Fed to be cautious
Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday that Fed officials should be cautious with policy decisions given uneven progress on lowering inflation and err on the side of keeping interest rates elevated to achieve their price stability goals, per Bloomberg.
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Jan 8, 2025
GBP/USD snaps two-day win streak as risk appetite stumbles
GBP/USD caught a mild bid early on Tuesday before turning south once again and shedding roughly one-third of one percent to end the day on the low side of the 1.2500 handle.
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