Fed's Raphael Bostic: Doesn't want to be forced to raise rates again

ederal Reserve Bank of Atlanta President Raphael Bostic said in a speech today on the economic outlook and real estate that he does not want to raise interest rates again and that the Fed staff is debating the effectiveness of the policy. Bostic believes that inflation has made progress, but "the job is not yet done" and would like to see more evidence of a return to normal.