Bostic says there are still steps that could be taken to support recovery

Atlanta Fed Chairman Raphael Bostic said Monday that it is difficult to know what is happening to inflation right now due to the price volatility witnessed during the pandemic, as reported by Reuters.

“Making a forecast on the economy this year is really a forecast on the virus,” added Bostic. “There are still steps the Fed could take to support the recovery and will do so if necessary“.

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