More from Fed’s Bostic: Fed will get to 2%, won’t ‘move the goalposts’

Federal Reserve Bank of Atlanta President Raphael Bostic spoke earlier:

More now:

  • Want to see housing markets “rationalize themselves” and
    not be a burden on the whole economy
  • Fed will get to 2%
  • If Fed moves the
    goalpost at this point it would undermine the central bank’s
  • A large literature
    showing that central bank independence improves economic outcomes;
    would hope officials keep that in consideration
  • US economy is still quite resilient and robust

This article was written by Eamonn Sheridan at Source