CoinVoice recently learned that Fed President Bostic said that if the labor market unexpectedly weakens, he is willing to consider cutting interest rates by another 50 basis points. The baseline expectation is to relax the policy in an "orderly" manner. It is expected that inflation will continue to slow and the labor market will remain stable. Since the core PCE index remains at 2.7%, he does not want to be overconfident about inflation and will pay close attention to the upcoming employment data; if employment growth is significantly lower than 100,000 jobs, it will be necessary to explore the current situation in more depth. [Original link]