Fed’s Bostic: One increase for 2019 is my model projection

FX Street

Updated: 13 Feb. 2019 | 15:27

Atlanta Fed President Raphael Bostic said that he was projecting one rate hike in 2019.

Key quotes (via Reuters)

If we stay at 2.5 GDP growth for year, consistent with my forecast of one rate increase.
Don’t need to rush to get to neutral, we can take our time.
Time to put our policy on a more neutral range.
Important that we don’t go too fast and inadvertently restrict the economy.
My view has not changed very much on how monetary policy should operate.

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