Fed's Bostic Sees No More Rate Hikes or Recession Ahead, But Conflicts Create Uncertainty
- Fed's Bostic sees no more U.S. rate hikes or recession ahead
- Says policy is sufficiently restrictive and economy has momentum to avoid recession
- Notes conflict between Israel and Hamas creates uncertainty
- Would be ready to raise rates if data comes in differently
- Has been more dovish than many Fed colleagues in advocating an end to hikes