Federal Reserve Altlanta branch head Bostic
Speaking on his outlook for the economy
- US jobless rate is very, very low
- On many measures the economy is operating as it should
- Sees strong US economy for the rest of the year
- I don't think the economy is overheating
- Fed is not tapping on the brakes with current rates
A Q&A will follow
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I am sure the political antennae of Fed Presidents is finely tuned, and far be it for me to advise any of them but given this:
this might be as good a time as any to lay low and STFU ….
:-D
Actually maybe unleashing Kashkari would be a good move right now