Fed’s Bostic: Comfortable continuing to move toward more neutral stance

Raphael W. Bostic, the President and CEO of the Federal Reserve Bank of Atlanta, is crossing the wires, via LiveSquawk, with key quotes found below.

  • Comfortable continuing to move toward more neutral stance.
  • Not quite at neutral interest rate.
  • Some transitory factors reflected in Q2 real GDP growth.
  • Sees business optimism fading; cites tariffs.

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