Insider Q & A: Atlanta Fed President Raphael Bostic foresees interest rates staying higher for longer

The Federal Reserve has reached a delicate stage in its fight against inflation. Its policymakers have raised their key interest rate to about 5.4%, its highest level in 22 years, to try to slow borrowing and spending and cool inflation pressures. They now are considering whether to raise the rate…#federalreserve #raphaelbostic #federalreservebank #atlanta #bostic #nt

Source: Reuters: Health - September 4, 2023 Category: Consumer Health News Source Type: news