Fed's Bostic speaks to reporters: Favors a 4th hike in 2018
Continuing the comments from the Atlanta Fed President
- equity selloff will prompt him to start asking businesses if they are seeing weakness in the real economy develop
- says strong expected Q3 GDP made him more comfortable with a 4th rate hike this year
- still trying to understand how quickly strong recent growth might dissipate
- no threshold number 4 market change and his outlook
- watching the market signals while focused on real economy
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