Fed Bostic: 50bps hike in March not my preferred action

Atlanta Fed Bank President Raphael Bostic said, 50bps hike in March was “not my preferred policy action.” He added, “I had three rate increases in mind. March is looking like the right time” to get that started. From there, however, “we are not on any set progression.” “We are going to need to be thinking very […]

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