Bostic Talks Career With Fed, Inflation Risk and Warsh

• Bostic describes current economic sentiment as 'cautious optimism,' with businesses finding ways to deal with uncertainty and seeing upside potential.
• He stresses that inflation has been 'too high for too long' and the Fed must maintain a restrictive policy stance to achieve its 2% target.
• The labor market is 'very turbulent' with structural changes like AI impacting hiring, and clear data signals are not expected until April or May.
• Bostic dismisses 'mission creep' arguments, asserting the Fed's mandate includes ensuring the economy works for all Americans and maintaining long-term stability.

Atlanta Fed President Raphael Bostic expresses 'cautious optimism' for the US economy, expecting current trends to continue into 2026, with businesses seeing upside potential as tariff effects subside. He emphasizes the Fed's commitment to keeping policy restrictive to bring inflation back to 2%, despite labor market turbulence and data uncertainty until April/May. Bostic also defends the Fed's focus on inclusive employment and its data-dependent approach.