Bostic Says It's Prudent to Have 'Mildly Restrictive' Fed Policy
Federal Reserve Bank of Atlanta President Raphael Bostic says it is prudent to have rates that are "mildly restrictive" to return inflation to 2% level and that current Fed policy...
By Bloomberg Markets · Bloomberg Markets
Federal Reserve Bank of Atlanta President Raphael Bostic says it is prudent to have rates that are "mildly restrictive" to return inflation to 2% level and that current Fed policy is 25-50 basis points above neutral. He speaks at a moderated discussion with the editor of the Birmingham Business Journal. (Source: Bloomberg)