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Fed’s Bostic Expects Higher ‘Steady State’ for Rates
Posted
May 20, 2024
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May 20, 2024
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0:51Now PlayingFederal Reserve Bank of Atlanta President Raphael Bostic said the new steady state of interest rates “is likely to be higher than what people have known over the last decade, maybe back to where we were in the 1990’s and 2000’s.” Bostic spoke with Michael McKee from Amelia Island, Florida on Monday.
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