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Fed's Bostic says central bank hasn't lost credibility with the public

Por: MarketWatch Politics September 26, 2022

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Bostic said that the public’s long-term expectations for inflation are at or near the central bank’s 2% target. Bostic said he hears encouragement from the public. But some noted Fed watchers, including Wharton Professor Jeremy Siegel, have become highly critical of the central bank. They worry that it was late to recognize high inflation and now will raise rates too fast and cause a recession. “The Fed is just way too tight,” Siegel... + full article



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