Fed's Bostic: At this point it feels the US will revert back to 2% inflation

Comments from the Atlanta Fed President:

Comments from the Atlanta Fed President:
  • US may be in a different inflation regime than before
  • It's still not determined if price hikes will all prove to be transitory
  • We're 'getting close to a time' when tapering will be appropriate

Bostic has firmly planted a flag in the hawkish camp but he's wavered before.

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