Fed’s Bostic says a ‘little more data’ needed to support cutting rates
(Reuters) -Atlanta Federal Reserve President Raphael Bostic on Tuesday said recent economic data has made him “more confident” the U.S. central bank can get inflation back to its 2% target, but he wants to see “a little more data” before he’s ready to support lowering interest rates. Bostic, speaking at an event in Atlanta, noted…