Fed's Bostic expects another U.S. interest rate hike this year

One of the Federal Reserve’s newest policymakers said on Friday he continues to believe the U.S. central bank should raise interest rates again by the end of the year, though he is “not wedded” to that position. “We, in our forecasts of movements for the year, had said we expected three hikes in ...

Fed's Bostic expects another U.S. interest rate hike this year