Bostic Recent Inflation Data Not as Encouraging as Hoped
over 3 years in theepochtimes
WASHINGTON—Recent inflation data “has not been as encouraging as I would have liked,” Atlanta Fed president Raphael Bostic said on Monday, saying that the lack of month-to-month improvement in the pace of price increases warrants another 0.75 percentage point increase in the federal funds rate when policymakers meet later this month. “The data that came […]
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