However, it will try to avoid a protracted recessionas stated by atlanta fed president raphael bostic. 

"We are going to do all we can to prevent deep,deep pain of federal reserve", stated boston. 

Economists worry that going quick might break the economy. 

However, Fed officials believe that economy can slow and still avoid recession. 

Bostic stated that there will be few job losses. However, they will be much lesser in number than the previous records. 

The Atlanta Fed president told that some of the bottlenecks that have created higher prices are starting to ease.