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What will Raphael Bostic's career move be following the Federal Reserve Board's decision by mid-2025?
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Federal Reserve•Atlanta Fed•Raphael Bostic•Fed•Bostic•Federal Open Market Committee•FOMC•Federal Reserve Board
Resolution / Starting Odds
Remains at Atlanta Fed • 25%
Moves to private sector • 25%
Moves to another public role • 25%
Retires • 25%
Official announcements from Raphael Bostic or relevant organizations
Story
Fed Watchdog Finds Bostic Violated Trading Rules in 2022 & 2023, No Evidence of Insider Trading
Sep 11, 2024, 06:08 PM
The Federal Reserve's internal watchdog has found that Atlanta Fed President Raphael Bostic violated the central bank's trading rules in 2022 and 2023 and created the appearance of acting on confidential information and a conflict of interest. The report, released by the Fed's Inspector General, noted that while Bostic's actions appeared to breach the Federal Open Market Committee (FOMC) blackout rule, there was no evidence that he traded based on inside information. The Federal Reserve Board is currently reviewing the Inspector General's report to determine the next steps.
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