Federal Reserve Bank of Boston: Inflation Remains Elevated, No Rate Cuts Expected Through 2026
BlockBeats News, February 3rd, the Federal Reserve's Bostic stated in a recent speech that due to the impact of tariffs, the inflation issue has not been alleviated. His outlook for the first half of 2026 is that the economy will maintain strong growth, but the inflation rate will remain high, which is worrisome. He stated that even without considering the impact of tax cuts and deregulation, the U.S. economy still shows strong resilience. Currently, no one is predicting a deterioration of the labor market. Bostic also expects that there will be no rate cuts in 2026, and one to two more rate cuts will bring it back to a neutral level. Bostic's term as President of the Atlanta Fed is coming to an end, and he will retire on February 28th. (FX678)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
While the industry faces turmoil, "Nvidia-backed" Nscale presses ahead for NYSE listing! New IPO prospectus reveals 1,344% surge in revenue but a quarterly net loss of $1.69 billion
Nscale, a "New Cloud" provider backed by Nvidia, submitted its latest filing for an initial public offering (IPO) in the United States on Thursday.
AI capital expenditures peak as global stock market profits"shift gears"! Goldman Sachs outlines three major themes for 2027
Goldman Sachs Portfolio Strategy Research Department pointed out that as the artificial intelligence investment boom peaks, global stock market earnings growth is expected to decline by more than half in 2027. However, recent valuation declines have created attractive entry points for long-duration technology growth stocks.
Nvidia (NVDA.US) CEO resigns, causing U.S. stocks to fall; Dow Jones drops 189 points
The resignation of Nvidia CEO Jensen Huang has triggered management turmoil, coupled with espionage rumors, leading to a broad decline in the New York stock market on the 12th. The Dow Jones Industrial Average closed down 189.40 points, with the S&P 500 and the Nasdaq Composite also posting losses, and small and mid-cap stocks experiencing the largest declines. Although the long-term outlook for AI remains unchanged, individual corporate governance risks are significantly weighing on the sentiment of the technology sector, driving funds to shift toward competitors and non-tech blue-chip stocks.
US Senate Finance Committee Chair subpoenas Jensen Huang and Lutnick to testify on Nvidia controversy
Crypto prices
More
