Fed’s Bostic: 2% is our target and I’m going to keep working to move inflation toward it
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Atlanta Federal Reserve President Raphael Bostic said Sunday he still believes the central bank can tame inflation without substantial job losses given the economy’s continued momentum, reported Reuters while quoting the Fed policymaker’s interview on CBS’ “Face the Nation”.
After a volatile Friday, mostly in favor of the US dollar, the market’s reaction to the latest Fedspeak appears mostly silent.
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