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Fed’s Bostic Says Slowing Inflation to Direct When to Pause: Q&A
In an interview with Bloomberg on Monday, Federal Reserve Bank of Atlanta President Raphael Bostic discussed his outlook for monetary policy and the US economy. Here’s a partial transcript of highlights from the interview: Q. What was your takeaway from the strong employment report? Bostic: “It was much larger than I had expected. I actually kind of did a double take when I saw the number because nobody in the forecasting space was thinking about this. And when we talked to our business contacts within the sixth district, nobody there was talking about the world like that either. So it really did come as quite a ... (full story)