Fed’s Bostic Says Tighter Monetary Policy Hasn’t Dented Inflation Yet

16 November 2022

(Reuters) -Atlanta Federal Reserve President Raphael Bostic said on Tuesday he sees little evidence that the U.S. central bank’s aggressive monetary policy tightening is slowing inflation, and borrowing costs will have to rise further for that to happen. “Tighter money has not yet constrained business activity enough to seriously dent inflation,”…

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