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Rafael Bostic

๐Ÿ‘ค Speaker
201 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
The ripple effects of AI splurging

There are lots of reports, and you all have done a number of these as well, to suggest that these new technologies are going to change the way that businesses think about how many people they need to produce the goods that they want to produce.

Marketplace All-in-One
The ripple effects of AI splurging

That could be a structural change.

Marketplace All-in-One
The ripple effects of AI splurging

If that winds up being true and it winds up penetrating through the entire economy, all of our benchmarks are going to have to change, like how we think about what a good jobs number is or what an unemployment rate that's reasonable should be, because the same number is sending a very different signal.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

I've actually been a model for a skateboard company.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Yeah, you don't know this.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

So the last FOMC meeting I took virtually, it was in January, and that was the time when they had the ice storm.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

And I had three flights canceled trying to get up there.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

And so I figured three strikes, you're out.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

And I was just, so I dialed in.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

So it was kind of surreal to have the last few statements be from a distance and not be able to see people in the room.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

But, you know, it's funny when you notice the last time you're going to say things differently.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

you're going to make a different kind of statement.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

And what I really wanted people, my colleagues, to know is what I appreciated about what Atlanta allowed me to bring to the table and how we have a distinctive voice because of what we do and that more people needed to lean in on that and be that way.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

And then I...

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

I just said I'm going to be cheering for you as we move forward and know that from everything I've heard, Americans trust the Fed and believe in it and think it's a really important institution and need everyone to remember our mandates, remember our mission, and just be true to it always.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

So let's talk about right now.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Well, I'll say it like this.

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

When I go and talk in public settings, a question I often get is, what are the three things that are keeping you up at night?

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

You have three things?

Marketplace All-in-One
"We're trying to control what we can control": A Fed president reflects

Only three?

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