Fed’s Bostic Says Higher Peak Rate on Table After Jobs Blowout
Federal Reserve Bank of Atlanta President Raphael Bostic said January’s strong jobs report raises the possibility that the central bank will need to increase interest rates to a higher peak than policymakers had previously expected.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Fed’s Bostic Says Higher Peak Rate on Table After Jobs Blowout

### Response: Federal Reserve Bank of Atlanta President Raphael Bostic said January’s strong jobs report raises the possibility that the central bank will need to increase interest rates to a higher peak than policymakers had previously expected.