Stocks reached record highs after testimony from Fed Chair Jerome Powell bolstered the case for easier monetary policy in the U.S.
St. Louis Federal Reserve President James Bullard expressed optimism that the United States and China will reach a deal to end their trade war.
Bostic expressed confidence in the economy, and in the Fed's position on monetary policy, during an interview Monday with CNBC.
Atlanta Fed President Raphael Bostic said the the central bank may not have to go much further with interest rates to achieve a proper balance between slowing and overheating.
Stocks fell on Wednesday as losses in tech and AT&T shares outweighed a post-earnings bounce in Boeing.
There's a growing consensus that keeping the overall U.S. economy on track will not be enough to help areas left behind by a decade-long recovery.
Global worries over an emerging "trade war" pose an uncertainty for the Federal Reserve, officials said Wednesday.
Gary Cohn, a former Goldman Sachs executive, was seen as supporting more business-friendly policies, especially following Trump's announcement of tariffs.
Solid economic data reinforced expectations that the Federal Reserve will press ahead with increases to U.S. interest rates.
Data also provided by 
