Atlanta Federal Reserve President Raphael Bostic emphasized a cautious approach to upcoming monetary policy, stating the Fed must keep “options open” regarding December’s rate decision. While recent inflation data has shown encouraging signs, Bostic highlighted the importance of monitoring additional economic indicators before committing to any rate moves.
Bostic’s comments come amid a backdrop of cooling inflation and robust labor market performance. However, he stressed the uncertainty surrounding the economic trajectory, noting that premature policy shifts could disrupt progress. Markets have priced in a pause for December, but Bostic’s remarks suggest the Fed is prepared to act decisively should conditions warrant further tightening.
The Fed’s measured tone underscores its commitment to balancing inflation control with economic growth, signaling that December’s decision remains data-dependent.