Fed's Bostic says high inflation still central bank's main challenge - radio interview

Jan 9 (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said Friday in a radio interview inflation issues are still at the forefront of his economic concerns, in comments adding that the job market continues to be in a low hire, no fire mode amid broader uncertainties.

“Inflation is still too high” and the Fed’s effort to control price pressures is missing the mark by a greater degree than anything having to do with the central bank’s job mandate, Bostic said in an interview with radio station WLRN in Florida. When it comes to high price pressures, “you've got to get it under control, and we need to be laser-focused on making sure that everything we do is contributing to that,” he said.