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

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.

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