Fed ’s Raphael Bostic says rate hikes are no longer needed to fight inflation as employment gains slow

Federal Reserve Bank of Atlanta President Raphael Bostic said US employment gains are slowing in an orderly manner and there is no need to hike rates further to ease inflation. “I expected the economy to slow down in a fairly orderly way, and this number — 187,000 — comes in continuing that pace,”…#federalreservebank #atlanta #raphaelbostic #bostic #bloombergtelevisions #davidwestin
Source: Reuters: Health - Category: Consumer Health News Source Type: news