Shift to Neutral Policy Not to Too Far Away, Says Fed President
November 16, 2018 at 13:57 PM EST
Like a newly-licensed driver operating a clunky manual transmission, the Federal Reserve has been feverishly looking for neutral and it appears that after shifting higher with rate-hikes through 2018, neutral policy might not be too far away, according to Atlanta Fed President Raphael Bostic. “I...