Bostic Q&A: We expect inflation to return to 2%

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.

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