Fed’s Bostic: Recent developments are consistent with one more rate hike in May
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Atlanta Federal Reserve (Fed) President, Raphael Bostic, in an interview with Reuters this Friday, said that the recent developments are consistent with one more rate hike.
The comments do little to influence the US Dollar (USD), which is seen languishing near a one-year high amid growing acceptance of an imminent pause in the Fed rate-hiking cycle.
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