Fed Bostic: No need to be moving more aggressively than 50bps

Atlanta Fed President Raphael Bostic told Bloomberg today that last week’s 50bps rate hike was “already a pretty aggressive move”. He added, “I don’t think we need to be moving even more aggressively.” “I think we can stay at this pace and this cadence and really see how the markets evolve … We are going […]

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