Federal Reserve's Bostic: Willing to consider another 50 basis point rate cut if the labor market unexpectedly weakens

ChainCatcher message, Federal Reserve's Bostic stated that he is willing to consider a further 50 basis point rate cut if the labor market shows unexpected weakness. The baseline expectation is for a "orderly" easing of policy, with inflation expected to continue to slow and the labor market to remain stable. Since the core PCE index remains at 2.7%, he does not want to be overly confident about inflation and will closely monitor the upcoming employment data; if job growth is significantly below 100,000 positions, a deeper exploration of the current situation will be necessary.