Fed's Bostic: A single quarter-point rate cut still likely appropriate this year ...Middle East

Firms can't absorb higher tariffs much longerRemains unclear how consumer spending will evolveBusinesses still expect a solid year, other evidence indicates Fed policy is not overly restrictiveFull implication of trade policy, other changes, remain unclearUS remains near full employmentPrice stability remains the primary concern This article was written by Adam Button at investinglive.com.

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