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Raphael Bostic

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

by Kai Ryssdal and Sofia Terenzio
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
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Atlanta Fed president: "This economy has even exceeded my expectations of resilience"

by Kai Ryssdal and Sarah Leeson
Dec 15, 2023
"Wage growth now is greater than inflation," Bostic says. "But I don't think people feel like they've caught up all the way and that's just going to take some time."
In the fight to bring down inflation, Atlanta Fed President Raphael Bostic emphasizes being "patient, cautious and resolute."
Courtesy Atlanta Federal Reserve
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"We're right at the beginning of the hard part" of taming inflation, Atlanta Fed CEO says

by Kai Ryssdal and Sean McHenry
May 24, 2023
Raphael Bostic says the Fed needs to stay focused on its goal of slowing down the economy and reducing inflation to its 2% target.
"Ultimately, shaken confidence in the full faith and credit of the United States government will not be good for the economy and will not be good for your average American," Raphael Bostic of the Atlanta Fed says of the debt ceiling debate.
Stephen Nowland/Federal Reserve Bank of Atlanta
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"We need to act decisively and affirmatively to get inflation under control," says Atlanta Fed president

by Kai Ryssdal and Sean McHenry
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
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Race and Economy

Atlanta Fed President Bostic on our "less-than economy"

by Kai Ryssdal and Bennett Purser
Sep 28, 2020
While Amazon and Home Depot are doing well, small businesses are not. "There really is a split going on, and disparities are getting wider," he says.
"We're going to let evidence show that inflation is starting to get out of control" instead of trying to preempt it, says Raphael Bostic, president of the Federal Bank of Atlanta.
Courtesy of the Federal Reserve Bank of Atlanta
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Race and Economy

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

by Kai Ryssdal and Bennett Purser
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.
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Atlanta Fed president: "Slower [economy] doesn't necessarily portend a crisis"

by Kai Ryssdal , Daisy Palacios and Sean McHenry
Nov 14, 2019
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
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