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Fed’s Bostic on Growth, Inflation, ‘Steady State’ of Rates
Posted
May 20, 2024
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10:32Now PlayingFederal Reserve Bank of Atlanta President Raphael Bostic said his outlook is that “inflation will continue to fall this year and into 2025,” and that 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 Monday with Michael McKee from Amelia Island, Florida.
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