Fed’s Bostic: In no rush to arrive at neutral rates

Eren Sengezer FXStreet

Atlanta Fed President Raphael Bostic was out on the wires in the last minutes, arguing that the policy rate was a little short of the neutral level but added that they were in no rush to arrive there. Echoing his comments from earlier this week, Bostic said that he was favouring one rate hike both in 2019 and 2020.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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