Fed’s Bostic Says Inflation Fight ‘Still in Early Days’

about 3 years in theepochtimes

WASHINGTON—The U.S. Federal Reserve’s fight against inflation is likely “still in early days,” Atlanta Fed president Raphael Bostic said Wednesday, becoming the latest U.S. central banker to caution against the likelihood rates would be reduced in response to any weakening of the economy. Despite “glimmers of hope” in recent data, Bostic said “the overarching message […]

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