Bostic: The Federal Reserve should continue to focus on inflation, expects inflation to remain above 2.5% by the end of 2026

ChainCatcher News, according to Golden Ten Data, the soon-to-retire Atlanta Fed President Bostic stated in an article on Wednesday that the Federal Reserve should continue to focus on addressing inflation, and he expects elevated price pressures to persist for most of next year. He favors keeping interest rates unchanged at the December policy meeting and suggests maintaining this level throughout 2026, citing that economic tailwinds may continue to exert upward pressure on inflation. He anticipates that even by the end of 2026, inflation will remain above 2.5%.