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Federal Reserve’s Bostic Calls for More Progress Before Rate Hike to Neutral

Atlanta Fed President Raphael Bostic emphasizes the need for further economic improvements before adjusting interest rates to a neutral stance.

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Terms & Concepts
  • Neutral Interest Rate: The theoretical interest rate at which monetary policy is neither stimulating nor restraining economic growth.
  • Federal Reserve: The central banking system of the United States, responsible for monetary policy, financial stability, and regulation of banks.