Fed's Bostic: everything on table in regard to 2, 3, 4 hikes in 2018

Speaking to reporters this Wednesday, Atlanta Fed President Raphael Bostic was noted saying:

   •  Taking a wait and see attitude to see how economy responds
   •  Fiscal stimulus puts upward pressure on the economy
   •  Fiscal makes us (i.e. the Fed) more aggressive on rate hikes
   •  Could see big move in stocks if trade outlook changes
   •  Stock gains haven't been commensurate with profit growth
   •  Will wait and see what happens on trade
   •  In December was forecasting to hikes, has now adjusted his forecast to 3
   •  Everything on table in regard to 2, 3, 4 hikes in 2018
   •  Adjusted to 3 hikes from 2 in 2019 now
   •  Trade is causing uncertainty in the other direction
   •  Expects departure of Cohn to have an impact, introduce uncertainty about coming economic policy