20 Aug 2018
Fed's Bostic: Economy no longer needs the stimulus it required before
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, recently crossed the newswires saying that the economy no longer needed the stimulus it required before, as reported by Reuters.
Key quotes
- Doing pretty well on inflation objective now.
- GDP is `strong’, the economy is doing pretty well.
- Unemployment is `very, very low' historically.