Raphael Bostic & Steve Curley, CFA: Rates, Race, and Economic Mobility

Our guest today is Dr. Raphael Bostic, the President of the Federal Reserve Bank of Atlanta and the first African-American President in the 106 year history of the Fed. Prior to his role at the Federal Reserve, he served as a professor at the University of Southern California and was the Assistant Secretary for Policy Development and Research at the U.S. Department of Housing and Urban Development (HUD). He graduated from Harvard University in 1987 with a combined major in economics and psychology. He earned his doctorate in economics from Stanford University in 1995. In this episode, we discuss we what it was like to be in the room as the Fed took unprecedented steps to support the economy as the COVID crisis impacted the U.S., what part of the economy he is most worried about right now, why he chose now as the time to pen the recent post titled A Moral and Economic Imperative to End Racism, and why we all benefit by improving economic mobility. Follow Raphael on Twitter at @RaphaelBostic Follow the CFA Society of Orlando on Twitter at @CFAOrlandoFL