Fed's Bostic: Further rate adjustments will depend on data

Author: Adam Button | Category: Central Banks

Comments from the Atlanta Fed leader:

  • US economy on solid footing
  • Monetary policy is a bit accommodative and further adjustments will depend on data
  • Economy may be a bit beyond full employment
  • Says he is comfortable 'standing pat' with policy to weigh economic data over the coming months
In line with Powell's comments. No surprise here.

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