Fed's Bostic says inflation risks still present in U.S. economy

By Michael S. Derby

Sept 23 (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday inflation risks are still in play in the U.S. economy.

“Business leaders are telling us they are definitely feeling the cost pressures and it is becoming increasingly difficult to prevent those from flowing into prices that are faced by consumers and by their customers,” Bostic said during a live taping of the Macro Musings podcast. When it comes to inflation, “I actually think there's still more to come” on that front.