Bostic speaking on "Economic Leadership from America's Founding to the Global Pandemic" at the University of Southern California's George Washington Leadership Lecture Series.
- increasing uncertainty is a source of risk for demand.
- the war in Ukraine impacts inflation, boosts uncertainty
- greater uncertainty is a source of risk for demand
- if the Fed moves too quickly the economy could be harmed
- the Fed is pulling back on policy support to allow the economy to stand on its own
- says again his preference is for 6 hikes this year
- can hike rates without causing a recession