Federal Reserve Bank of Atlanta President Raphael Bostic said he wants to wait “a while” before cutting interest rates again following last year’s reductions amid uncertainty over where the US economy is headed in 2025.

Atlanta Fed President said on Monday "it may be a while" before the Federal Reserve's Federal Open Market Committee adjusts its policy rate again. He said he wants to assess the impact of the Fed's 100 basis points of rate reductions before making the next move.