Raphael Bostic, Interview: NPR

Recessions

“So one thing I would say at first is we’re trying not to have recessions. So even as we affect the pace of the economy through our policy stance, the goal is really to continue growth and have us have continuous, steady, longstanding growth, which is basically what you saw leading up to the pandemic. We had had eight or nine years of consecutive years of growth. So that’s one thing I think is really important.”