Tuesday, October 10, 2023

Fed’s Bostic: Policy Rate Sufficiently Restrictive to Get Inflation to 2%

 Federal Reserve Bank of Atlanta talks about we might not need to raise interest rates to get down to 2% inflation. Let us see if that is true considering most of the reports say inflation is declining. Covid brought about market disruption and a push into the digital era. There will eventually be a stronger homeostasis and perhaps it will happen after the first of year. The good news is that thus far manufacturing has returned back to the U.S. and we are in a much better place based on digital and other infrastructure. That would have been really are to project or see a few years ago. So far good news. Just remember that the economy is just a measure of human behavior and its use of tools on a micro and macro level. 

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