$TRB
🗣️Fed member Bostic:
•We can't wait for inflation to return below 2% to change the policy rate.
•We are close to being ready to cut rates.
•Our policy has had an impact and we can start on the path back to a normal policy stance.
•The labor market is a sign that we are returning to a much more normalized place.
•The inflation numbers over the last few months have increased my belief that inflation will return to 2%.