Fed’s Bostic: The battle against inflation is still ongoing
By:101 finance
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Atlanta Fed President Bostic Discusses Economic Outlook and Inflation
During the Atlanta Business Chronicle's 2026 Economic Outlook event held on Wednesday, Raphael Bostic, President of the Federal Reserve Bank of Atlanta, remarked that inflation remains well above the desired level, despite the economy's notable strength.
Highlights from Bostic's Remarks
- Inflation is still a significant distance from the target set by the Federal Reserve.
- The economy has demonstrated impressive resilience.
- Bostic emphasized that these conditions do not warrant a passive approach; maintaining a restrictive policy stance is still necessary.
- Looking ahead to 2026, he anticipates the economy will continue to strengthen.
- This ongoing growth could lead to additional upward pressure on prices, which the Fed will need to monitor closely.
- Bostic cautioned that the battle against inflation is not yet over.
- He noted the current environment makes it challenging to predict future trends in both the economy and inflation.
- He also pointed out that complete agreement on all issues should not be expected.
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