Atlanta Fed Pres.: We've Done 'Easiest Part' on Reducing Inflation, 'Now, It's Going to Take Some Time'

On Monday's broadcast of CNBC's "Squawk Box," Atlanta Federal Reserve President Raphael Bostic stated that inflation is "not going to come down very quickly," and that while there has been progress, the Fed has done "the easiest part of inflation reduction. Now, it's going to take some time to work through the services, goods are going to still stay somewhat volatile."