Fed’s Bostic Sees Growth, Need for ‘Gradual’ Rate Rises

Atlanta Fed President Raphael Bostic offered an upbeat take on the economy Tuesday and said he believes the central bank should press forward with interest-rate increases to keep the expansion moving forward. “Unless the data talk me out of it, I view a continued, gradual removal of policy accommodation as appropriate until we get to a neutral policy rate,” Mr. Bostic said in the text of a speech to be delivered in Baton Rouge, La….

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