Atlanta Fed President Raphael Bostic said Friday he favors one more interest-rate hike this year, given current economic conditions. “I favor one more move as things currently stand,” Bostic said during a talk at the Northern Chapter Virginia Society of Certified Public Accountants in Falls Church, Va. The Fed has raised interest rates twice this year, to a range of 1.75% -2% and a slim majority on the central bank favors two more moves in 2018. Bostic said he was open minded and if the economy looks a lot stronger, he may join the majority. “I may be okay with four” moves this year if the economy dictates that ... (full story)