The Miami Entrepreneur

The Fed: Exclusive: Fed’s Bostic says idea of September pause is not tied to any looming market rescue

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Atlanta Fed President Raphael Bostic, in an exclusive interview with MarketWatch, said his suggestion that the central bank take a September “pause” in its push to raise interest rates should not be construed in any way as a “Fed put,” or belief that the central bank would come to the rescue of markets.

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