Transcript: Atlanta Fed CEO Raphael Bostic on "Face the Nation," Sept. 25, 2022
CBSN
The following is a transcript of an interview with Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, that aired Sunday, Sept. 25, 2022, on "Face the Nation."
MARGARET BRENNAN: That's Mark Strassmann reporting from Atlanta. And we turn now to the president of the Federal Reserve Bank of Atlanta, Raphael Bostic. Good morning to you, sir. It's good to have you back. I want to get your perspective. We know the stock market is not the economy, but it is a forward looking indicator and it's showing some concern right now. Around the world, central banks are trying to get control of inflation. The Fed has already raised rates five times this year. Why isn't inflation coming down?
An Arizona grand jury indicted 18 people Wednesday in the ongoing investigation into an alleged attempt to use alternate electors after the 2020 presidential election as part of a wider alleged conspiracy to falsely declare then-President Donald Trump the winner, the state's attorney general announced.
Almost four out of every 10 people in the United States live in a place where air pollution is considered bad enough to put their health at risk, the American Lung Association warned in its latest "State of the Air" report released on Wednesday. That proportion of people — about 39% of the population — had risen sharply since earlier rounds of pollutant data were analyzed for the annual report last year, and the trends were especially pronounced in certain parts of the country.