UPDATE 1-Fed's Bostic says pandemic pressures pose risks for long-term inflation expectations - NewsBreak
By Austine in Business
Updated 3 years ago
(Adds more of Bostic's remarks) Oct 12 (Reuters) - U.S. inflation is above the Federal Reserve's 2% inflation target and policymakers need to watch carefully to ensure that pandemic-induced pressures do not cause long-term inflation expectations to become unanchored, Atlanta Fed Bank President Raphael Bostic said on Tuesday. Bostic said...