02:52 PM EDT, 04/12/2024 (MT Newswires) -- Atlanta Fed President Raphael Bostic (voter) said tight home supply due to regulations and stigma tilted against affordable homes reduced affordability and widened economic disparities.

Bostic did not make any comments on the overall economy or monetary policy but said economies are generally more robust and monetary policy more effective when they are more inclusive.

Recent comments of note:

(April 11) Boston Fed President Susan Collins (nonvoter) said that there may be less policy easing this year than thought as the FOMC takes a patient approach to making adjustment but will be ready to act based on the available data.

(April 11) New York Fed President John Williams (voter) said that he expects that the slowdown in inflation will continue, though with some bumps recently that require the FOMC to continue to monitor the incoming data.

(April 10) Minutes of the Federal Open Market Committee's March 19-20 meeting foreshadowed the strong data and hawkish comments from Fed officials over the past three weeks with participants agreeing that a rate cut is likely this year but with heightened concern the economic data released to that point will demand more evidence of an inflation slowdown. The FOMC discussed slowing the pace of reduction in the Fed's holdings of security on the balance sheet, making no decisions, but agreeing that the slowing should begin "fairly soon."