Atlanta Fed president: Soft landing from high inflation is not going to be easy

Atlanta Fed Chief Bostic: Central Bank Working to Avoid 'Deep, Deep Pain'

"We need to have a slowdown. There's no question about that. But I do think that we’re going to do all we can at the Federal Reserve to avoid deep, deep pain," Bostic said.

Fed Can Avoid 'Deep Pain' in Inflation Fight, Atlanta Fed President Says

WASHINGTON—Atlanta Federal Reserve President Raphael Bostic said on Sunday he still believes the U.S. central bank can tame inflation without substantial job losses given the economy’s continued momentum. “If you look over history … there is a really good chance that if we have job losses it will be smaller” than in past slowdowns, Bostic said on CBS’s “Face the Nation” program. “Inflation is high. It is too high. And we need to do all we can to…

Atlanta Fed president: Soft landing from high inflation is not going to be easy

Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, said on Sunday it’s “not going to be easy” to achieve a slowdown in demand without causing a recession, a feat known as a soft landing. Speaking with Margaret Brennan on CBS’s “Face the Nation,” Bostic declined to provide specific odds of achieving a…

Fed will try to avoid ‘deep, deep pain’ for U.S. economy, Bostic says

The Federal Reserve will do all it can to avoid a deep recession, said Atlanta Fed President Raphael Bostic on Sunday.

Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy

Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, signaled optimism for the Fed's policies to temper inflation.

Fed can avoid 'deep pain' in inflation fight, Bostic says

WASHINGTON -- Atlanta Federal Reserve President Raphael Bostic said on Sunday he still believes the U.S. central bank can tame inflation without substantial job losses given the economy's continued momentum. Read More