📉 Fed's Bostic Reaffirms Expectation of Rate Cut, Remains Flexible 📈

🔍 Federal Reserve FOMC voting member Raphael Bostic reiterates anticipation of a rate cut this year.

💼 However, he expresses openness to adjusting plans based on evolving economic conditions.

💪 Bostic underscores the strength of the US economy and labor market but acknowledges potential signs of weakness in job indicators.

🔄 Previously, Bostic had hinted at a rate cut in the fourth quarter but now suggests potential for earlier action if job market signals deteriorate.

📆 Stay tuned for updates as economic conditions continue to unfold. #FederalReserve #ratecut #BullorBear 📊🔍