Atlanta Fed CEO Bostic addresses economic policy, inequality at Price talk

By Matthew Kredell

USC Price School of Public Policy Professor Raphael Bostic returned to campus for the first time since taking leave to assume the role of president and CEO of the Federal Reserve Bank of Atlanta, joining Dean Jack H. Knott for a discussion on the state and direction of the U.S. economy, issues of opportunity and inequality, and good governance.

Knott began the Feb. 5 conversation by asking Bostic – the first African-American to serve as president of a Fed regional bank – to explain what the Fed does. In response, Bostic admitted that perhaps few people understand.