Fed's Bostic says Powell's reappointment takes some uncertainty out of the Federal Reserve

Federal Reserve Bank of Atlanta President Raphael Bostic speaking in an interview with Bloomberg TV

• Powell's reappointment takes some uncertainty out of the Federal Reserve, which is helpful
• Biden made a fine choice in Powell and Brainard
• we should be considering how fast we taper
• faster taper gives us more optionality
• expects inflation numbers to continue to come in stroing
• could be open to pulling forward another rate hike if appropriate in his dot plot
• open to pushing them back too depending on how pandemic plays out
• good arguments to be made to consider a faster taper