Fed Bostic said policy restrictive enough, warns against unnecessary economic pain

<p>In a set of prepared remarks, Atlanta Fed President Raphael Bostic noted emphasizing that the current restrictive stance is appropriate. He urged for a cautious and patient approach, warning against the potential for “unnecessary economic pain” if the Fed tightens policy too aggressively. Importantly, Bostic clarified that his endorsement for a patient approach should not […]</p>
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