Raphael Bostic says the Fed needs to stay focused on its goal of slowing down the economy and reducing inflation to its 2% target.
"We need to act decisively and affirmatively to get inflation under control," says Atlanta Fed president
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, on why he supports this week's rate hike.
While Amazon and Home Depot are doing well, small businesses are not. "There really is a split going on, and disparities are getting wider," he says.
Raphael Bostic discusses the challenges of the economy and racial inequality.
Raphael Bostic explains why consumer psychology keeps him up at night.