Fed’s Bostic says economic inclusion goals shape policy
Raphael Bostic told researchers on May 6 that economic inclusion “animates my thinking about monetary policy”, especially the Fed’s mandate to achieve full employment. He added that “economic inclusion… is among the defining economic issues of our time”.
The Atlanta Fed president was addressing a conference assembled by the Consumer Financial Protection Bureau, which protects consumers from misconduct in financial services.
Bostic cited research showing that the economy would enjoy significant
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