Exclusive: Fed’s Bostic says idea of September pause is not tied to any looming market rescue
May 31, 2022 at 18:45 PM EDT
Atlanta Fed President Raphael Bostic, in an exclusive interview with MarketWatch, said his suggestion that the central bank take a September "pause" in its push to raise interest rates should not be construed in any way as a "Fed put," or belief that the central bank would come to the rescue of markets.