Fed’s Bostic Says ‘We’ll See’ About the December Rate Decision

Federal Reserve Bank of Atlanta President Raphael Bostic signaled that while he was able to support the most recent two interest-rate cuts, he wasn’t yet convinced about another move next month.

“I’ve been able to get behind the last two cuts, and we’ll see what happens for this next one,” Bostic said Friday during an event in Seattle. “I want the information to guide where I think the appropriate policy should be.”

Fed officials have strongly opposing views over whether they should cut interest rates next month after they lowered their benchmark by a cumulative half ...