Fed's Bostic Says It's 'Paramount' to Return to 2% Inflation Goal
Market Intelligence Analysis
AI-PoweredFederal Reserve Bank of Atlanta President Raphael Bostic emphasizes the importance of returning inflation to 2%, suggesting interest rates should remain restrictive to achieve this goal.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Federal Reserve Bank of Atlanta President Raphael Bostic says that it’s important to keep interest rates at a level that restricts economic activity and returns inflation to 2%. He speaks during an interview with Mike McKee on "Bloomberg Open Interest." (Source: Bloomberg)
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