Atlanta Fed President Raphael Bostic said Friday he wasn’t in favor of the central bank’s decision to cut interest rates by a quarter percentage point at its meeting in late October. “We had already moved twice already and it was my view was we should just let that go and wait and see how that plays out,” Bostic said, in an interview with Bloomberg Television. “My business contacts have been consistent through this entire year — the consumer has been solid, their revenues have been solid, their profits have been pretty stable,” Bostic said. “And what they’ve told me is that they’re expecting that to continue on into ... (full story)