Bostic comments
No urgency to make policy changes 'just to run to a number'
Fed needs to strongly signal that it's not locked into a trajectory
Policy could move in either direction
Open to cut if downside risks all come to bear
Comfortable 'hanging out' near neutral level while the Fed takes stock of how the economy is responding to higher rates
Hearing from businesses across the board that they have become cautious about 2019
Evolution of economy should dictate Fed's next move
More dovish stuff. There's going to be a steady stream of this in the week ahead with many FOMC member slated to speak.
The commentary from Evans and Bostic today is weighing on the US dollar and USD/JPY is now down to 108.58 from 108.90 early in New York trade.