#btc Fed's Waller: April CPI indicates movement toward 2% likely continues.

Fed's Bostic: Although businesses are confident in the economy, they don't feel like they have the pricing power they did six months ago.

I'm in no rush to cut rates; I want to make sure the easing of policies is clear.

I would prefer to wait longer for a rate cut to ensure inflation does not start to pick up.

The effectiveness of monetary policy may be weaker than in the past, but this does not mean that it will not have any impact.

Fed's Bostic: The Fed's top priority is to get inflation back to 2%.

-I expect inflation to fall, but relatively slowly, and I do not expect a rate cut before the fourth quarter.