The Federal Reserve hasn’t lost credibility with the broader public beyond Wall Street, Atlanta Fed President Raphael Bostic said Monday. “I’m heartened as I go around [my] district [that] people Read more
Tag: Bostic
Fed will try to avoid ‘deep, deep pain’ for U.S. economy, Bostic says
The Federal Reserve is trying to engineer an economic slowdown to try to bring inflation under control, but will try to avoid a protracted recession, Atlanta Fed President Raphael Bostic Read more
Fed’s Bostic thinks recession can be avoided even with further interest-rate hikes
The Federal Reserve can keep raising its benchmark rate this year at the fastest pace in nearly 30 years without causing a recession, Atlanta Fed President Raphael Bostic said Monday. Read more
Fed’s Bostic backs another super-sized interest rate hike at July meeting
Atlanta Federal Reserve President Raphael Bostic said Friday he supports another large 0.75 percentage point interest rate hike at the FOMC meeting later this month given the momentum in the Read more
Fed’s Bostic says June job data show momentum in labor market
Fed’s Bostic says June job data show momentum in labor market