Raphael Bostic, Speech: Understanding the Interplay between Financial Markets and Monetary Policy

No economic forecasts provided

Atlanta Fed president Raphael Bostic gives the opening remarks at the Day Ahead Conference on Financial Markets and Institutions on Thursday, January 5.  Bostic points out that the focus of the conference is on the interplay between the financial markets and monetary policy.

Inflation

“The biggest headwind, of course, is inflation. It’s way too high here in the United States, as it is in your countries, and I and the Federal Open Market Committee remain determined to use our policy tools to bring inflation back toward our objective of 2 percent as measured by the Personal Consumption Expenditures price index. I appreciate recent reports that include signs of moderating price pressures, but there is still much work to do.”