Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, said on Sunday it;s “not going to be easy” to achieve a slowdown in demand without causing a recession, a feat known as a soft landing. Speaking with Margaret Brennan on CBS’s “Face the Nation,” Bostic declined to provide specific odds of achieving a soft landing as the Federal Reserve continues rapidly hiking interest rates, aiming to reduce inflation by lowering demand through more expensive borrowing costs. “This is something that is going to be hard. It's not going to be easy,” Bostic said. “There will likely be some job losses,” he continued. “But I think if you look over the historical history here and ou
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