Bostic: Fed within 'shouting distance' of neutral rates

Author: Adam Button | Category: Central Banks

Comments from the Atlanta Fed leader

  • Hard to judge the risk of overheating in real time but it feels like the loss of control on inflation is something the Fed shouldn't risk
  • He feels policy should head to neutral
  • Fed should consider that unemployment below normal for an extended period is a symptom of overheating

Bostic is a soft dove but he sounds like he's leaning towards a couple more hikes.

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