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.
Clodagh Kilcoyne | Reuters
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, appeared on CBS’ “Face The Nation” Sunday morning with a continued commitment to the 2% inflation target and a cautiously optimistic outlook on the path to get there.
The nation’s central bank hiked the targeted federal funds rate by 75 basis points to between 3 and 3 1/4 Wednesday. Bostic believes that the Federal Reserve can achieve its goal of 2% inflation without severely damaging the economy.
“I do think that we’re…