Bloomberg Television published this video item, entitled “Bostic Urges Fed to Be ‘Cautious and Patient’ on Policy” – below is their description.
Federal Reserve Bank of Atlanta President Raphael Bostic sees current monetary policy as “appropriately restrictive,” and says the Federal Reserve should, “let the restrictive policy continue to influence the economy, lest we risk tightening too much and inflicting unnecessary economic pain.” Bostic spoke Thursday at the South African Reserve Bank’s Biennial Research Conference.
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