Fed's Bostic says he would have dissented against last rate cut, economy is solid
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(Reuters) - Atlanta Federal Reserve Bank President Raphael Bostic said on Thursday that he would have probably dissented against the last rate cut if he had a vote in monetary policy because the U.S. economy is "solid" and not in need of easing.Bostic still expects the economy to grow above trend and projects inflation will reach the Fed’s 2% target, he told reporters after an event organized by the Money Marketeers of New York University. "Consumers are staying pretty rock solid," Bostic..