Atlanta's Guynn says Fed journey ending

The Federal Reserve's journey to bring interest rates back to a more normal setting is almost complete, if the economy performs as expected in coming weeks and months, said Jack Guynn, the president of the Atlanta Federal Reserve on Monday 1 May.

"If -- and I emphasize if -- my most likely forecast of sustainable output growth and modest inflation is right, then I am of the view that we are very close to having Fed policy properly calibrated for now," Guynn said in remarks to a business group