Atlanta Fed President Raphael Bostic Retires

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Raphael Bostic, president of the Federal Reserve Bank of Atlanta, is retiring from his role at the end of February 2026. Bostic had led the bank since June 2017, navigating it through challenging economic conditions and pushing businesses to acknowledge diversity as an economic imperative, not just a moral issue.

Why it matters

Bostic's retirement marks the end of a tenure that saw the Atlanta Fed guide the region through major economic upheaval, including the COVID-19 pandemic. His successor will inherit the responsibility of continuing to steer the bank and the Southeast economy through any future challenges.

The details

During his time as Atlanta Fed president, Bostic oversaw the bank's response to the economic impacts of the pandemic, supply chain disruptions, and other factors that roiled markets and businesses. He also advocated for greater diversity and inclusion in the business community, arguing that embracing those values was not just an ethical imperative but also an economic one.

• Bostic has served as president of the Federal Reserve Bank of Atlanta since June 2017.
• Bostic is retiring from his role at the end of February 2026.

What’s next

The Federal Reserve Bank of Atlanta is currently searching for a successor to Raphael Bostic, who will be retiring at the end of February 2026.