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

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  • 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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