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- Fed's Bostic: We need to make sure we're on top of elevated inflation
Fed's Bostic: We need to make sure we're on top of elevated inflation
Raphael Bostic, President of the Federal Reserve Bank of Atlanta, said on Thursday that we're at elevated inflation levels and we need to make sure we're on top of that.
Additional Comments:
"The longer we have higher inflation, the greater the risk."
"Uncertainty on inflation has the ability to prolong inflation environment for longer."
"We've seen a pretty robust recovery in employment and GDP growth."
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