Fed's Bostic: Wants to see inflation higher to justify 3-4 rate hikes - ConsultFX

Fed's Bostic: Wants to see inflation higher to justify 3-4 rate hikes

Comments to reporters - Difficult to know how tax bill will play out - His base case is 2-3 rate hikes in 2018 - Most-recent research suggests neutral rate has declined I don't understand what the Fed is thinking with the worries on inflation. They literally manipulate the yield curve. If they don't want it to invert, they could Copyright 2015 Forexlive.com