HomeLive CommentsFed Bostic: Appropriate to normalize interest rate by summertime next year

Fed Bostic: Appropriate to normalize interest rate by summertime next year

Atlanta Fed President Raphael Bostic said on Thursday, “right now, our projections suggest that by the summertime of next year, the number of jobs that we have in the economy will be pretty much where we were pre-pandemic.”

“And at that point, I think it’s appropriate for us to try to normalize our interest rate policy,” he added.

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