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Atlanta Fed’s Bostic calls on patience amid the clamor for interest rate cuts

Aug 15, 2024
Despite high prices, “wages are growing faster than inflation," and families’ purchasing power is growing, he says.
"The first thing I think is inflation is getting back to target in an orderly way," says Raphael Bostic, president and CEO of the Atlanta Fed, about the CPI falling to 2.9%.
Stephen Nowland/Federal Reserve Bank of Atlanta

"We need to act decisively and affirmatively to get inflation under control," says Atlanta Fed president

Jun 17, 2022
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, on why he supports this week's rate hike.
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, speaks at an event for the Rotary Club of Atlanta.
E. M. Pio Roda/Federal Reserve Bank of Atlanta

Atlanta Fed President Raphael Bostic: "Everything is just taking longer than I would have expected going in."

Nov 18, 2021
Bostic discusses inflation, employment and trying to make sure the economic recovery brings everyone along.
Atlanta Fed President and CEO Raphael Bostic addresses an audience at an event in Athens, Georgia.
David Fine/Federal Reserve Bank of Atlanta

"Systemic racism is around us, all the time," Atlanta Fed president says

Jun 15, 2020
Raphael Bostic discusses the challenges of the economy and racial inequality.
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta.
Courtesy of the Federal Reserve Bank of Atlanta.

Atlanta Fed president: "Slower [economy] doesn't necessarily portend a crisis"

Raphael Bostic explains why consumer psychology keeps him up at night.
"The longer these expansions are able to go, that provides more opportunity for the last ones in," says Raphael Bostic, president of the Federal Reserve Bank of Atlanta.
Daisy Palacios/Marketplace