Fed raising rates until 2% inflation reached ‘would guarantee an overshoot and a deep recession,’ warns Fed Reserve of Atlanta President Bostic

Posted on by Nkozi Knight

The Fed should slow interest rate increases to ensure a soft landing, says Federal Reserve Bank of Atlanta President Raphael Bostic.

Fed raising rates until 2% inflation reached ‘would guarantee an overshoot and a deep recession,’ warns Bostic
Unknown's avatar

Published by Nkozi Knight

Nkozi Knight is a finance expert with over 20 years of experience. He is a proud graduate of Marquette University where he also serves on their National Alumni Board of Directors. Nkozi is also a graduate of Marquette’s Future Milwaukee Community Leadership program. He is the owner of GreenHomeHub, Knight Investment Group, and Bodhi Photography Studios.

Leave a comment