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

---

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