Fed's Bostic would back rate hike if inflation moves from target

The Federal Reserve will have to increase rates if prices growth moves away from target or inflation expectations start to move in "a difficult way", Atlanta Federal Reserve President Raphael Bostic said, while adding that neither was happening right now. 

https://www.reuters.com/markets/rates-bonds/feds-bostic-says-rates-will-probably-rise-if-inflation-moves-target-2023-06-29/