Open to starting rate cut before July if there is convincing evidence inflation is is long faster than he anticipatesRepeat baseline is for rate reductions starting in Q3, with care needed not to cut Toussaint and risk renewed demand and price pressuressize possibility conflicts around the world. Again complicate supply chains, risk that US budget fights and elections could affect the economy, and the financial marketsGven uncertainty, unwise for event to mark in any approach at this pointBostic has been more hawkish. Policy is a voting member on the 2024 FOMC Board. The market - despite the back up in yields recently - is still pushing for a cut sooner than the summer. T
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