Fed's Bostic says inflation fight "still in its infancy"
The U.S. Federal Reserve's fight against inflation is probably "still in its infancy," Atlanta Fed President Raphael Bostic said Wednesday. The Fed's goal is to bring inflation decisively back to the 2% target. The Fed meets again on Nov. 1-2 and the market expects policymakers to approve another three-quarter-point rate hike.
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