WASHINGTON, Jan 9 (Reuters) - There is broad agreement at the Fed that monetary policy is currently at a restrictive level, Atlanta Federal Reserve Bank President Raphael Bostic said on Monday, adding it will be "appropriate and important" for the Fed to move rates at a "more normal cadence" in the future.
"Given the amount of uncertainty that is out there I think it is appropriate for us to be much more cautious ... in terms of our calibration," said Bostic.
Fed officials are expected to approve a quarter point increase at their next meeting, down from the half point increase approved in December. (Reporting by Howard Schneider Editing by Chris Reese)
