Fed’s Bostic: Potential to overheat requires higher rate path

Eren Sengezer FXStreet

Raphael Bostic, President and Chief Executive Officer of the Federal Reserve Bank of Atlanta, recently crossed the wires arguing that the economy's potential to overheat would require higher rate path.

Bostic further added that the Fed should allow the economy to stand on its own after reaching the neutral rate, as reported by Reuters.

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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