Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, signaled optimism for the Fed's policies to temper inflation.
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, signaled optimism for the Fed's policies to temper inflation in a "Face the Nation" interview Sunday morning.Noting strong employment, he believes in the "ability for the economy to absorb" rate hikes.
President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019.Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, appeared on CBS' "Face The Nation" Sunday morning with a continued commitment to the 2% inflation target and a cautiously optimistic outlook on the path to get there.
. Bostic believes that the Federal Reserve can achieve its goal of 2% inflation without severely damaging the economy. "I do think that we're going to do all that we can at the Federal Reserve to avoid deep, deep pain." Bostic told "Face the Nation."