Bostic answers to questions from the public
- Freddie Mac is being attacked hundreds of times per day
- We will ensure that the financial system is protected against attacks
- Focused on a month in the trend of inflation, not year-to-year changes
- We see inflation as a barometer of the dynamism in the economy
- There is nothing to navigate on Yellen, the President will tell us his decision and we’ll move forward
- She is super-smart and very nice, she has navigated a difficult time
The bad news is that Bostic sings in the same ear as any other member of the FOMC; the good news is that it pulls the hip into his comments, so that should keep things interesting.