Banking sector issues not enough to deter rate rise, Fed’s Raphael Bostic says

Banking sector issues not enough to deter rate rise, Fed’s Raphael Bostic says

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Federal Reserve Bank of Atlanta President Raphael Bostic acknowledged banking sector woes made the central bank’s interest rate hike call this week challenging, but he said the Fed’s main job must remain focused on getting inflation lower. Speaking in an interview Friday with National Public…

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