Atlanta Fed’s Bostic ‘Optimistic’ Economy Headed ‘In the Right Direction’

Raphael Bostic

The head of the Federal Reserve Bank of Atlanta remains “quite optimistic that things are heading in the right direction.”

In a video message posted Thursday alongside a longer-form piece, Raphael Bostic, president and chief executive of the Federal Reserve Bank of Atlanta, said that after the inflation rate declined rapidly in the second half of 2023, it seemed to stall early this year.

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