Atlanta Federal Reserve Bank President Raphael Bostic says 'everything is in play' when it comes to July rate hike options after 9.1% inflation spike.
FOX Business' Stuart Varney and Susan Li discuss the impact of inflation on stocks as markets open for the day.
Atlanta Federal Reserve Bank President Raphael Bostic said Wednesday that "everything is in play" when asked about the prospect of the central bank raising interest rates by a full percentage point later this month, expressing concern over the morning's news that inflation hit a fresh 40-year-high in June.
Bostic told reporters he still needed to study the "nuts and bolts" of the latest data, but said he felt "today's numbers suggest the trajectory is not moving in a positive way." He said that
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