Fed's Bostic: Most businesses in surveys aren't changing 2018 capex

Author: Adam Button | Category: Central Banks

Bostic delivers an economic update in Georgia

  • Not certain how firms will respond to tax cuts
  • Confirms 204 rate hikes this year is the correct path
  • Consumer spending is strong but hasn't exploded
  • I am at three hikes now with the extra stimulus
  • 3.9% unemployment is 'extremely low'

Bostic will take questions from the audience later so look out for more headlines.

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