Raphael Bostic states Fed wants to ‘stay the course’ irrespective of reduced wage gains

Essential Details

Atlanta Fed President Raphael Bostic said Friday that December’s employment report isn’t going to transform his look at on monetary coverage.
“We have obtained to remain the system,” he said, including that he expects a further quarter- or 50 percent-issue rate hike when the Fed releases its upcoming final decision on Feb. 1.

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