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Atlanta Fed Bostic: Some overshoot in inflation is fine

ActionForex
By ActionForex

Altlanta Fed President Raphael Bostic said in an interview:

  • “We have seen some upward pressure” on inflation.
  • “We don’t have the ability to stop trends on a dime. Some overshoot is fine,”
  • If current trends continue, “we are going to see wages start to go up because we will truly have a scarcity of labor,”
  • “I am not sure there is a big signal” in that on inflation.
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