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- Fed’s Bostic expects one rate rise this year, another in 2020
Fed’s Bostic expects one rate rise this year, another in 2020
I would prefer that we not take any stimulating position
Judging by the projections, there is still room for rate increases.
Monetary policy should now be neutral
Fed rate close is at the lower limit of the neutral range
So long as the economy is "running fine"
Aim is to get Fed benchmark rate to so-called neutral level
Slow approach to get to neutral is a good path for the Fed
Expects economic growth in the region of 2.2% to 2.5% this year
Doesn't expect inflation to exceed the 2% target
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