Atlanta Federal Reserve President Raphael Bostic says he still believes the U.S. central bank can tame inflation without substantial job losses. “There is a really good chance that if we have job losses it will be smaller” than in past slowdowns, Bostic said on CBS’s “Face the Nation” Bostic spoke after a volatile week in global financial markets. The Fed on Wednesday approved its third consecutive three-quarter point interest rate increase and issued projections that showed rates rising higher than investors had anticipated.Read Long Article
