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Insider Q&A: Atlanta Fed President Raphael Bostic foresees interest rates staying higher for longer

Por: ABC News Business September 04, 2023

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WASHINGTON -- The Federal Reserve has reached a delicate stage in its fight against inflation.Its policymakers have raised their key interest rate to about 5.4%, its highest level in 22 years, to try to slow borrowing and spending and cool inflation pressures. They now are considering whether to raise the rate even higher — a move that would heighten the risk of a recession — or leave it at its current level for an extended period. Though... + full article



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