Former Atlanta Fed President Bostic cautions new Fed task forces against 'changing just to change'
Former Atlanta Fed President Raphael Bostic expressed caution regarding the approach of new Federal Reserve task forces. Speaking at a NABE seminar, Bostic stated his hope that these task forces would first seek to understand the rationale behind the Fed's current operational, communication, and analytical methods. He warned that "changing just to change makes me nervous," suggesting it could lead to suboptimal outcomes and hoping the "impulse to change is tempered by the real work the task force does."
Source:X@NickTimiraos · Source Link
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