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The price of groceries, medical care and clothes are helping keep the annual regional inflation rate up. While the pace of price increases has slowed, overall inflation remained elevated in December.
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Federal Reserve Bank of Atlanta Pres. Raphael Bostic knows hiring has cooled off, but he remains most concerned about keeping inflation heating up. The Fed's main tool to fight inflation is higher interest rates, which is the opposite of what Pres. Trump has been pressuring the Fed to do.
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Atlanta Fed Pres. Raphael Bostic had a stark warning about inflation. He worries it could be higher for longer as companies in the southeast prepare to raise prices by more than 2% in the new year.
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William Luther is an associate professor of economics at Florida Atlantic University. He told WUSF that early economic signals spell out uncertainty for 2025.
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Federal Reserve Bank of Atlanta boss is optimistic about the economy heading into the new year. Yet, he's unsure rates will go lower.
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COMMENTARY This week's Fed rate cut is a reminder we should keep promoting autonomous central banks in Latin America — but Tua Tagovailoa's concussion crisis argues against exporting football there.
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Regional Federal Reserve leader Raphael Bostic is prepared to cast his vote to lower interest rates late this year if he is convinced inflation has been beaten - and he’s not yet.
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Atlanta Federal Reserve President Raphael Bostic tells WLRN he doesn’t think interest rates need to be increased right now, even as inflation remains high in some places — particularly South Florida.
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The Federal Reserve raised interest rates by a quarter-percentage point as part of its ongoing effort to fight inflation. Price hikes have begun to ease, but the Fed says inflation is not yet tamed.
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The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.
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The Federal Reserve raised interest rates by another 0.75 percentage points today, as it tries to control runaway prices. The central bank also signaled that additional rate hikes are likely.
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U.S. employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Despite slightly slower job growth, the labor market remains an economic bright spot.