Fed’s Bostic Says He’s Worried About Inflation, Sees More Coming

Federal Reserve Bank of Atlanta President Raphael Bostic said he sees more inflation coming, underscoring that the US central bank needs to remain on guard against price pressures.

“Not having been at target for over four-and-a-half years, we definitely need to be concerned about it,” Bostic said Tuesday on the Macro Musings podcast, hosted by David Beckworth of the Mercatus Center at George Mason University. “I think it’s incumbent upon us to continue to stay vigilant in the fight against inflation.”