Bostic Highlights Economic Strength Amid Labor Market Cooling and Inflation Concerns
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- Raphael Bostic sees healthy conditions for the Fed's mandate.
- Atlanta Fed researchers are assessing labor market cooling risks.
- Housing prices contribute to persistent inflation challenges.
- Average unemployment duration has increased, with quits rate declining.
- Bostic is optimistic inflation will settle at 2 percent target.
- Growing uncertainty in economic policies raises caution in policymaking.
- Federal Reserve plans a strategic review of its policymaking approach.
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