Bloomberg Television
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Fed's Bostic Doesn't See Need to Hike in 75-Bps Steps
Posted
May 9, 2022
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May 9, 2022
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2:50Now PlayingFederal Reserve Bank of Atlanta President Raphael Bostic says he sees no need for the Fed to raise interest rates by as much as 75 basis points at a single meeting to control inflation. "Fifty basis points over the last 20 years is already a pretty aggressive move. I don't think we need to be moving even more aggressively," he says on "Bloomberg Surveillance."
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