Fed's Bostic: My base case for 2018 Fed rate increases is "two to three"
|Additional comments from Atlanta Fed President Raphael Bostic is crossing the wires, with key quotes (via Reuters) found below.
Don't want Fed policy to invert yield curve, will be watching long-term yields in making rate decision.
Fed should be extremely cautious if yield curve approaches inversion.
Most recent research suggests neutral rate continues to decline, with debate as to whether it has "bottomed out".
My base case for 2018 Fed rate increases is "two to three".
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