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Fed’s Bostic Sees 2022 Rate Liftoff, Taper Call in a Few Months

Raphael Bostic

Raphael Bostic

Photographer: Elijah Nouvelage/Bloomberg

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Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank could decide to slow its asset purchases in the next few months and he favored lifting interest rates in 2022 in response to a faster-than expected recovery from Covid-19 pandemic.