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Tags: raphael bostic | president of atlanta federal reserve bank | inflation | interest rate hikes

Fed's Bostic Calls for 0.75 Percent Rate Hike in July

Fed's Bostic Calls for 0.75 Percent Rate Hike in July
(Getty Images)

Friday, 08 July 2022 09:06 AM EDT

Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he is fully supportive of a three quarters of a percentage point interest rate rise at the central bank's next policy meeting later this month.

"We can move by 75 basis points at the next meeting and not see a lot of protracted damage to the economy," Bostic said in an interview with CNBC.

© 2023 Thomson/Reuters. All rights reserved.


StreetTalk
Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he is fully supportive of a three quarters of a percentage point interest rate rise at the central bank's next policy meeting later this month.
raphael bostic, president of atlanta federal reserve bank, inflation, interest rate hikes
64
2022-06-08
Friday, 08 July 2022 09:06 AM
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