Federal Reserve Bank of Atlanta President Raphael Bostic:
- US economy performing quite well
- Fairly confident inflation will get to 2% target
- I don't have a recession in my outlook
- Expects inflation to be choppy, and employment to remain robust
- My dot was 25bp more in 2024 beyond the September 50 bp cut
- I am keeping my options open
On his 'my dot' comment, I think he means he sees another 25bp cut this year and that's all.
