Fed Official Bostic States Current Policy in Good Position on May 22, U.S. 'Somewhat Immune' to Oil Shocks

According to BlockBeats, Fed official Raphael Bostic stated on May 22 that current policy is in a good position to handle ongoing shocks, and the U.S. may be 'somewhat immune' to oil price disruptions. Bostic noted that long-term inflation expectations have so far remained within manageable ranges.
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