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16.03 - 19:29
Fed’s Bostic Still Leaning Toward Quarter-Point March Rate Increase
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Federal Reserve Bank of Atlanta President Raphael Bostic said Monday that he was still on board with a gradual start to rate rises in March, while reserving the option for something more aggressive if inflation doesn’t ebb.
“Today, as we speak, I’m still in favor of a 25-basis-point move at the March meeting,” Mr. Bostic said as part of a virtual appearance before Harvard University students.
Mr....
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