Atlanta Fed President Bostic Anticipates Continued Decrease in Inflation Rate

Monday, 20 May 2024, 12:27

According to Federal Reserve Bank of Atlanta President Raphael Bostic, despite the expectations of inflation to decline, the process will proceed at a slow pace. Bostic mentions that based on discussions with business leaders, there are signs of a slowdown in economic activities.
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Atlanta Fed President Bostic Anticipates Continued Decrease in Inflation Rate

Fed's Bostic on Inflation Trends

Federal Reserve Bank of Atlanta President, Raphael Bostic expressed his view on the gradual decline of inflation rates. According to Bostic, the feedback from business leaders indicates a deceleration in economic activities, signaling a cautious outlook.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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