Rafael Bostic
๐ค SpeakerAppearances Over Time
Podcast Appearances
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.
That could be a structural change.
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.
I've actually been a model for a skateboard company.
Yeah, you don't know this.
So the last FOMC meeting I took virtually, it was in January, and that was the time when they had the ice storm.
And I had three flights canceled trying to get up there.
And so I figured three strikes, you're out.
And I was just, so I dialed in.
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.
But, you know, it's funny when you notice the last time you're going to say things differently.
you're going to make a different kind of statement.
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.
And then I...
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.
So let's talk about right now.
Well, I'll say it like this.
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?
You have three things?
Only three?