Bostic: The Fed should continue to monitor inflation, expecting it to be above 2.5% by the end of 2026.
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TL;DR
Atlanta Fed President Bostic urges continued focus on inflation, expecting it to stay above 2.5% through 2026, and recommends keeping interest rates steady.
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Federal Reserveinflationinterest ratesBosticeconomic policy
According to ChainCatcher, citing Jinshi News, outgoing Atlanta Fed President Bostic published an article on Wednesday stating that the Fed should continue to focus on addressing inflation, anticipating that high price pressures will persist for most of next year. He favors keeping interest rates unchanged at the December policy meeting and recommends maintaining this level throughout 2026, arguing that economic tailwinds could continue to exert upward pressure on inflation. He expects inflation to remain above 2.5% even by the end of 2026.