The Federal Reserve Bank of Atlanta expects the economy to remain robust, but headwinds, such as the labor market and inflation, to remain in the near future.
With a few months left in his final term, Atlanta Fed President Raphael Bostic said between inflation and the labor market, he believes inflation is furthest from his target, sitting at 2.7% above the Federal Reserve’s 2% target.
Bostic shared his insights with the Gwinnett Chamber of Commerce on Dec. 17.
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