Fed's Bostic: I don't see as much urgency to move as stated by others

<ul><li>We're not seeing inflation moving away from target</li><li>I'm comfortable waiting</li><li>If inflation seems to significantly stall, then we'll probably do more</li></ul><p>Just take note that on the headline remark, he adds that he doesn't share the view of hiking in July – which is a view that is shared by other members of the FOMC including Powell. That certainly makes things interesting and the next consumer price inflation report is going to be a big one to test the bias of everyone ahead of the July decision.</p>

This article was written by Justin Low at www.forexlive.com.