Atlanta Fed Pres. Jeff Bostic
Atlanta Fed Pres. Jeff Bostic is on the wires saying:
- we still need to offer relief to many economic sectors
- we have ways to go from an employment perspective
- demand mixed means we are seeing volatility in prices
- medium-term is looking very positive
- making a forecast about the economy this year is really about making a forecast about the virus
- May get vaccination level to help economy by summer
- baseline outlook is for a robust economic recovery
- May have sense on whether more relief needed by March
Fed's Bostic is president of the Atlanta Fed. He is a voting member in 2021. He is speaking with Rotary Club of Atlanta
