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Bostic, Raphael on 2017 November 14 at 13:00

I’m going to stay open, but right now I’m pretty comfortable with the notion of us continuing to go on our pace toward a more balanced monetary policy [with a hike in December].

When it comes to his support for boosting the Fed’s interest rate target in December, Mr. Bostic said after his speech that “I’m still in that place.” Asked if a rate rise is on the table, he responded “yes.” Mr. Bostic explained, “I’m going to stay open, but right now I’m pretty comfortable with the notion of us continuing to go on our pace toward a more balanced monetary policy.” Bostic, Raphael

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