Bostic sees US economy close to jobs and inflation targets

Raphael Bostic
Center for American Progress

The Federal Reserve is now closer to reach its double policy goal of full employment and 2% annual inflation, said the president of the Federal Reserve Bank of Atlanta in a speech at Atlanta Economics Club on May 21.

“From the perspective of the dual mandate, we’re arguably as close to these goals as we’ve been over this expansion,” Raphael Bostic said.

The unemployment rate fell to 3.9% in April, its lowest level since December 2000. Additionally, wages have increased at rates consistent with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.