Fed's Bostic: One increase for 2019 is my model projection

Atlanta Fed President Raphael Bostic said that he was projecting one rate hike in 2019.

Key quotes (via Reuters)

• If we stay at 2.5 GDP growth for year, consistent with my forecast of one rate increase.
• Don’t need to rush to get to neutral, we can take our time.
• Time to put our policy on a more neutral range.
• Important that we don’t go too fast and inadvertently restrict the economy.
• My view has not changed very much on how monetary policy should operate.