Atlanta Fed President Raphael Bostic says it may be 'bumpy road' down to 2% inflation

In this still image from video, Atlanta Federal Reserve Bank President Raphael Bostic speaks from Atlanta during a webinar sponsored by the 12 regional Fed banks to address the lack of racial disparity in the field of economics on Tuesday, April 13, 2021. (AP Photo)

The Federal Reserve Bank in Atlanta says it made significant progress on its path to lower inflation.

The most recent consumer price index showed inflation holding steady at 3.7% percent for September.

In an interview with WABE’s “All Things Considered,” however, Atlanta Fed President Raphael Bostic says there’s still more work to be done.