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Fed's Bostic: labor is good, but inflation still needs monitoring

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Fed's Bostic: labor is good, but inflation still needs monitoring

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New update 2025.02.13 02:34
Fed's Bostic: labor is good, but inflation still needs monitoring

update 2025.02.13 02:34

Federal Reserve (Fed) Bank of Atlanta President added his own soundbites to the noise machine of Fed headlines on Wednesday, noting that despite still-strong labor figures, US inflation continues to remain a sticking point, especially after US Consumer Price Index (CPI) inflation figures ticked higher in January.

Key highlights

The labor market is performing incredibly well.

The latest inflation numbers show careful monitoring still needed.

The deployment of AI will likely mean fewer workers are needed in some industries.


Date

Created

 : 2025.02.13

Update

Last updated

 : 2025.02.13

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