According to an article published in the Wall Street Journal, Atlanta Fed president, Raphael Bostic is still on board with more central bank interest-rate increases, including one hike this year and one more in 2020.
Key quotes:
“¢ Central bank’s policy should let the US economy ‘stand on its own’.
“¢ As long as the economy is running fine, I think there is still room to run.
“¢ The aim is to get the Fed benchmark rate to the so-called neutral level.
“¢ Slow approach to get to neutral is a good path for the Fed.
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