Fed’s Bostic ‘Ready to Act’ to Cap Inflation With March Liftoff

(Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank may need to raise interest rates as early as March and start reducing its balance sheet “fairly soon” after liftoff to contain surging inflation.Most Read from BloombergCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Biggest Crypto Fortune Began With a Friendly Poker GameSingapore Breaks Down Covid Deaths by Vaccine, With Moderna Seeing Lowest RateDip Buyers Drive U.S. Stock Rebound Af
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