Raphael Bostic, president of the Atlanta Federal Reserve Bank, is currently under investigation after admitting to not disclosing certain trading activities that he engaged in during restricted periods. Since assuming office in 2017, Bostic claims he has ensured his assets are only held in managed accounts which neither he nor his personal investment advisor has…
Stagflation Talk Grows with Atlantic Fed 1st-Quarter GDP Estimate
U.S. economic growth could be close to flat in the first quarter, the Federal Reserve Bank of Atlanta suggested in its latest model. The Atlanta Fed Bank’s GDPNow estimate on Jan. 28 suggested that real gross domestic product growth could be a minuscule 0.1 percent in the January-to-March period. While it’s not an official forecast…
Stagflation Talk Grows With Atlanta Fed 1st-Quarter GDP Estimate
U.S. economic growth could be close to flat in the first quarter, the Federal Reserve Bank of Atlanta suggested in its latest model. The Atlanta Fed Bank’s GDPNow estimate on Jan. 28 suggested that real gross domestic product (GDP) growth could be a minuscule 0.1 percent in the January-to-March period. While it’s not an official…
US Economy Seen Slowing As Atlanta Fed Cuts 3Q GDP Estimate
News Analysis The Federal Reserve Bank of Atlanta cut its forecast for real GDP growth in the third quarter of 2021, suggesting that the United States is barely expanding and could be on the cusp of contraction. According to the Atlanta Fed’s GDPNow model, the U.S. economy is projected to grow at a seasonally adjusted…
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