Federal Reserve Bank of Atlanta President Raphael Bostic dissented from the Federal Open Market Committee’s December rate cut, warning that the Fed’s credibility on inflation “could be at stake.”
Raphael Bostic warned on Monday that a premature Fed cut could spark an economic boom that would send inflation higher again.
The Manufacturing Recession May Have Hit Bottom A few months ago, we were among the first to notice that the housing downturn appeared to have ended. Now it looks like manufacturing has hit its cyclical nadir. The purchasing managers’ surveys from
