Federal Reserve Bank of Atlanta President Raphael Bostic
- Inflation report today was welcome news and may allow the Fed to move more slowly
- Would be comfortable moving at 25 basis points if conversations with business leaders are consistent with slowing inflation
- Signs of slowing wage increases "also positive"
- Economy still producing more than 200k a month, means a lot of momentum in the economy; baseline is economy will not see significant job dislocation
- Business leaders almost unanimously agree that business is strong and do not expect layoffs
I'm not sure the venue Bostic is speaking at. Headlines via Reuters.
