Home / Market Update / Bostic: Inflation Stability is Necessary Above 2%

Bostic: Inflation Stability is Necessary Above 2%

The President of the Federal Reserve Bank of Atlanta, Raphael Bostic, said on Friday that he will accept inflation going above 2% to 2.3% but remaining stable.

“By contrast, if we were at 2.2% and the next quarter at 2.4% and then at 2.6% that trajectory would give me concern.”

Check Also

Gold Shines Amid Tariff Threats and U.S. Dollar Weakness

Gold (XAU/USD) climbed above $3,330, driven by a weakening U.S. Dollar and renewed concerns over …