Bostic: Neutral policy rate is in the 3-3.50% range

Not in a rush to get to neutralWill be patientWe needed to move policy rate because risks had shiftedLabor market is strong, inflation has come down a long way, my job is now to take it all the way homeStill a lot of uncertainty on prices and consumer spending

This article was written by Adam Button at www.forexlive.com.