Federal Reserve Bank of Atlanta President Raphael Bostic spoke earlier:

More now:

  • Until inflation reaches 2%, the economy won’t operate at its full potential.
  • We will continue working to bring inflation down to 2% while minimizing the impact on the labor market as much as possible.
  • business sentiment factors a lot into my thinking on rate setting
  • Long-term inflation expectations are relatively stable
Bostic
Source: Forex Live