Bostic says Fed will continue work to get inflation down to 2%

Federal Reserve Bank of Atlanta President Raphael Bostic spoke earlier:

• Fed’s Bostic – economy is in incredible flux, hard to know where things will land

• Fed’s Bostic – Tariffs will lead to higher prices

More now:

• Until inflation reaches 2%, the economy won’t operate at its full potential.
• We will continue working to bring inflation down to 2% while minimizing the impact on the labor market as much as possible.
• business sentiment factors a lot into my thinking on rate setting
• Long-term inflation expectations are relatively stable

This article was written by Eamonn Sheridan at www.forexlive.com.