Bostic: No More Rate Hikes Needed Despite Israel-Hamas Conflict Causing Uncertainty

Atlanta Fed's Bostic sees no need for more U.S. rate hikes, says policy is sufficiently restrictive.

Bostic sees no recession ahead despite slowdown from Fed rate hikes.

Conflict between Israel and Hamas creates uncertainty for U.S. and global economy.

If data differs, Fed may need to raise rates further, but that's not Bostic's outlook.

Bostic among more dovish Fed members, advocating for end to hikes before others.