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Fed’s Raphael Bostic on Inflation, First Step, Data Points
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August 23, 2024
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7:54Now PlayingFederal Reserve Bank of Atlanta President Raphael Bostic said inflation has moved “a lot faster” than he anticipated, as he discusses the influence of data points on the central bank’s next steps and the range of potential interest-rate decisions from no cut to 50 basis points. Bostic spoke on the sidelines of the Jackson Hole economic symposium.
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