{"id":121989,"date":"2021-09-27T23:36:45","date_gmt":"2021-09-27T23:36:45","guid":{"rendered":"https:\/\/fin2me.com\/?p=121989"},"modified":"2021-09-27T23:36:45","modified_gmt":"2021-09-27T23:36:45","slug":"fed-will-allow-labor-markets-to-run-their-course-bostic","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/fed-will-allow-labor-markets-to-run-their-course-bostic\/","title":{"rendered":"Fed will allow labor markets to 'run their course': Bostic"},"content":{"rendered":"
FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. REUTERS\/Clodagh Kilcoyne<\/figcaption>

(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Monday reiterated the U.S. central bank\u2019s commitment to making sure every American who wants a job can have one.<\/p>\n

\u201cWithout clear data demonstrating that an inflationary problem has arrived and is likely to last, we will allow labor markets to run their course, which can further our pursuit of long-run maximum employment,\u201d Bostic said in an essay released late in the day.<\/p>\n

Though recent data shows inflation has been rising, long-run expectations remain \u201creasonably\u201d near the Fed\u2019s 2% goal. \u201cI am not convinced we are staring down a lengthy bout of troublesome, fundamental price inflation,\u201d he said.<\/p>\n

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FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in […]<\/p>\n","protected":false},"author":3,"featured_media":121988,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nFed will allow labor markets to 'run their course': Bostic - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/fed-will-allow-labor-markets-to-run-their-course-bostic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fed will allow labor markets to 'run their course': Bostic - Fin2me\" \/>\n<meta property=\"og:description\" content=\"FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. 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