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Home > Marketplace with Kai Ryssdal > On the road to 2%, stay “patient, cautious and resolute”
Podcast: Marketplace with Kai Ryssdal
Episode:

On the road to 2%, stay “patient, cautious and resolute”

Category: Business
Duration: 00:27:45
Publish Date: 2023-12-16 00:00:00
Description:

As 2023 comes to a close, some economists would say we’re ending the year in a better place than they would have predicted in January — inflation has come down quite a bit and the economy is chugging along. But getting all the way back to 2% annual inflation will take persistence. In this episode, Raphael Bostic, president of the Atlanta Federal Reserve Bank, reflects on the economic year we’ve had. Plus, the psychology behind incremental mortgage rate drops and why the online gift guide business has exploded.

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