Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy - CNBC
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, appeared on CBS' "Face The Nation" Sunday morning with a continued commitment to the 2% inflation target and a cautiously optimistic outlook on the path to get there.Bostic believes that the Federal Reserve can achieve its goal of 2% inflation without severely damaging the economy.
"I do think that we're going to do all that we can at the Federal Reserve to avoid deep, deep pain." Bostic told "Face the Nation.".