Fed's Bostic Says Restrictive Posture Still Needed on Rates

🤖AI Özeti

Federal Reserve Bank of Atlanta President Raphael Bostic emphasized that the battle against inflation is ongoing, indicating that a restrictive monetary policy remains necessary. During a discussion with David Rubinger, he highlighted the importance of maintaining current interest rates to combat inflation effectively. Bostic's remarks reflect the Fed's cautious approach as it navigates economic challenges.