Raphael Bostic, Interview: Marketplace

“Well, it basically means that we’re going to let the data guide us, and we don’t want to be locked into any particular movement. Look,  we know that right now, the policies that we’ve done, the tightening that we’ve done, is just starting to show up into the economy. And the real question is, how fast is that bite going to slow things down? And we won’t know until we start seeing data points. So the conversation was really around, don’t get locked into anything, let the data come in, and then make a judgment after that …”