Federal Reserve Bank of Atlanta President
“For the rest of this year, I still have one cut on my outlook,” Bostic said Wednesday during an event in Red Bay, Alabama. “That also is predicated on the notion that labor markets stay solid. If they weaken considerably, that balance of risks starts to look differently and the appropriate path will look different as well.”
WATCH: Federal Reserve Bank of Atlanta President Raphael Bostic says US unemployment remains remarkably low but data suggest labor markets have weakened. He speaks at a luncheon hosted by Atlanta Fed and Franklin County Economic Development Authority. Source: Bloomberg
Speaking separately on Wednesday, Chicago Fed President
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