Atlanta Fed Pres. Bostic (non-2020 voter) and...>

FED: Atlanta Fed Pres. Bostic (non-2020 voter) and Cleveland Fed Pres. Mester

(2020 voter) have commented this morning on the current economic outlook.

- Nothing really new but some updates on their current thinking on risk outlook

(comments taken from Bloomberg coverage of the respective events):

- Bostic comments that he is not seeing risk levels rising to a point that they

are a "source of concern"; "all in all, I would say the economy is in a pretty

good place and it can go on".

- "We are in a pretty good place" on the path of interest rates, with the Fed`s

stance being "slightly accommodative" currently.

- Says Fed pretty close to inflation target, and the job market is we are pretty

on target with inflation`, job market doing "quite well".

- On risks, Bostic says Coronavirus makes it "very difficult to do forecasting",

while the upcoming election is creating some uncertainty for businesses.

- Mester had less to say on the near-term outlook, but commented that the trade

deals reached on USMCA and China would lessen uncertainty.