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Raphael Bostic

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee on March 7, 2023
Banking & Finance / Government & Politics

Hike Again? Take a Pause? Fed Officials Are Split About What to do Next to Fight Inflation

Many Fed watchers have expected the central bank's officials to forgo another increase in their benchmark rate when they next meet in mid-June. Yet recent warnings from several of the officials about the continuing threat from high inflation suggest that that outcome is far from certain. read more >
The Atlanta Federal Reserve building in Atlanta, Georgia
Banking & Finance / Energy / Government & Politics

Federal Reserve Officials Sound Warnings About Higher Rates

Christopher Waller, a member of the Fed's influential Board of Governors, said that if the economy continued to show strength and inflation remained elevated, the central bank would have to lift its key rate above 5.4%. read more >
Raphael Bostic, president of the Atlanta Federal Reserve and the first Black president of a regional Fed bank in the system's 108-year history.
Banking & Finance / Education

Fed Leaders Agree: Economics Has A Racial-Disparity Problem

Top Federal Reserve policymakers underscore their concern that Black and Hispanic people are sharply underrepresented in the economics field, which lessens the perspectives that economists can bring to key policy issues. read more >