Atlanta Fed Pres.: I 'Probably' Wouldn't Cut Rates Even if There's a Recession, Won't Be Thinking About Cuts Until 'Well into 2024'

On Monday's broadcast of CNBC's "Squawk Box," Atlanta Federal Reserve President Raphael Bostic said that he won't be thinking about cutting interest rates "until well into" next year and that he probably wouldn't cut interest rates if there was a recession because we have to get inflation down, "and if there's going to be some cost to that, we've got to be willing to do that."