With Fed ‘at or near’ goals, Bostic wants more rate hikes

With Fed ‘at or near’ goals, Bostic wants more rate hikes

With the U.S. economy now at or near the Federal Reserve’s goals of full employment and 2-percent inflation, the U.S. central bank should continue raising interest rates until they are no longer stimulating growth, a Fed policymaker said on Friday. “Our models and my forecast had three moves for…

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