Feds Bostic: Expects increase inflation to be temporary

Atlanta Fed president Bostic speaking at a virtual meeting

Atlanta Fed president Bostic speaking at a virtual meeting_
  • expects increased inflation to be temporary
  • Fed will definitely keep a nine on inflation
  • stimulus is not forever and once it closed through the economy it may become easier to read inflation signals
  • does not expect inflation to return to dynamics seen in the 1970s

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