GALLATIN, TN – A Tennessee judge has ruled that Fernando Perales Mejia, a 17-year-old accused of murdering another teenager, will be tried as an adult. The decision follows the late…
By Howard Schneider WASHINGTON (Reuters) – Atlanta Federal Reserve President Raphael Bostic said on Thursday he was open to reducing U.S. interest rates sooner than he had anticipated if there…
By Howard Schneider ATLANTA (Reuters) – There is no current “urgency” for the Federal Reserve to reduce U.S. interest rates given the strength of the economy and the need to…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on Wednesday he expects U.S. growth to slow and inflation to continue to…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on CNBC Friday that while inflation remains too high it is coming down…
NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that controlling inflation is still the U.S. central bank’s mission, although he did not say…
By Ann Saphir (Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Tuesday said the U.S. central bank need not raise borrowing costs any further, and sees no recession…
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic laid out a case on Thursday against any further U.S. interest rate hikes, saying monetary policy is already tight enough to…
By Michael S. Derby (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic reiterated on Thursday his belief that the likely path of inflation will save the central bank…
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve should not raise interest rates further or it would risk “needlessly” sapping the strength of the U.S. economy, Atlanta Federal Reserve…
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Monday said if he were voting on monetary policy today he would vote to hold interest rates steady, but added…
By Lindsay Dunsmuir (Reuters) – The latest U.S. jobs figures are another sign that the economy is gradually slowing and should that continue the Federal Reserve can step down to…
WASHINGTON (Reuters) – Inflation is the biggest headwind facing the U.S. economy right now and U.S. Federal Reserve officials “remain determined” to lower it back to the central bank’s 2%…
By Howard Schneider WASHINGTON (Reuters) – Atlanta Federal Reserve President Raphael Bostic said Saturday he is ready to “move away” from three-quarter-point rate hikes at the Fed’s December meeting and…
WASHINGTON (Reuters) – The U.S. labor market is still in the middle of adjusting to new wage and occupation trends that grew out of the pandemic as large firms raise…
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve’s fight against inflation is likely “still in early days,” Atlanta Fed president Raphael Bostic said Wednesday, becoming the latest U.S.…
By Howard Schneider WASHINGTON (Reuters) – The lack of clear progress on inflation means the Federal Reserve needs “moderately restrictive” interest rates that should reach a level between 4.25% and…
WASHINGTON (Reuters) – The Federal Reserve could have reason to ‘dial back’ from its 75-basis-point interest rate hikes if new data shows inflation “clearly” slowing, Atlanta Fed President Raphael Bostic…
(Reuters) – Atlanta Federal Reserve President Raphael Bostic on Friday said Chair Jerome Powell was trying to prepare Americans for the possibility of a weaker job market as the central…
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Thursday said that with Friday’s data showing U.S. inflation is slowing, he is “leaning” toward supporting a 50 basis point…
(Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said he hasn’t decided if the Fed should increase interest rates by 50 basis points or 75 basis points at…
WASHINGTON – The U.S. Federal Reserve will need to keep raising interest rates to control inflation but the pace and final level will be shaped heavily by data over the…
TAMPA, Fla – Moving interest rates “too dramatically” could undermine the positive trends still seen in the economy and add to the already large amount of uncertainty, Atlanta Fed president…
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he supported the U.S. central bank’s 0.75 percentage point interest-rate hike this week, adding that supply chain fixes…
ATLANTA, Ga – The quick response in financial markets to tighter monetary policy offers hope that other parts of the economy may adjust more quickly as well, Atlanta Federal Reserve…