Federal Reserve Bank of Atlanta President Bostic spoke earleir:
More now, Q&A:
- expects more progress on inflation, but could be bumpy
- if inflation retreats faster, will change his mind on rates outlook
- more balance sheet cuts are supported by market liquidity remaining robust
- has two rate cuts in his 2024 forecast
- pleased by the evolution of inflation expectations
- number one job remains getting inflation back to 2%
