KM Financial Solutions | UPDATE 2-Fed’s Bostic sees one U.S. interest rate hike this year
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UPDATE 2-Fed’s Bostic sees one U.S. interest rate hike this year

UPDATE 2-Fed’s Bostic sees one U.S. interest rate hike this year

The Federal Reserve may only need
to raise interest rates once in 2019, Atlanta Fed President
Raphael Bostic said on Monday, focusing on business executives’
nervousness about the economy and a global slowdown as factors
that may hold the U.S. central bank back.

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