Economics
Fed’s Bostic ‘Ready to Act’ to Cap Inflation With March Liftoff
- Shrinking the balance sheet could come soon after, he says
- ‘The trajectory of the economy is quite positive,’ Bostic says
Raphael Bostic
Photographer: Elijah Nouvelage/BloombergThis article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank may need to raise interest rates as early as March and start reducing its balance sheet “fairly soon” after liftoff to contain surging inflation.