Bostic answers audience questions
- Freddie Mac is getting attacked hundreds of times per day
- We will make sure financial system protected from attacks
- Focused on month-over-month trend in inflation, not year-over-year changes
- We see inflation as a barometer of dynamism in the economy
- There’s nothing to navigate regarding Yellen, the President will tell us his decision and we will move forward
- She’s super-smart and very pleasant, she’s navigated a difficult time
The bad news is that Bostic sings from the same hymnbook as every other FOMC member; the good news is that he shoots from the hip in his comments so that should keep things interesting.