Fed’s Bostic: Inflation has been too high for too long

  • The US is on a pathway to get back to pre-pandemic economic strength, wants to avoid a new spike of inflation
  • Data suggest real wage gains will continue for several more months
  • Businesses say biggest challenges are finding employees and affordable housing
  • Banks understand the risk on their books and are prepared to deal with them

This article was written by Adam Button at www.forexlive.com. Source