Odaily Planet Daily News: Atlanta Fed President Bostic said he still believes there is a chance of an interest rate cut this year, which is consistent with his forecast in June, but added that the development of the labor market "may be worrying" and deserves close attention. Bostic said on Thursday: "This is still generally my position. But I must say that in today's environment, there is a large uncertainty range in every point forecast or outlook, and I am not committed to any position." Bostic said he prefers the Fed to maintain a single direction after starting to act, rather than act first and then retreat. He described the current interest rate level as "slightly tight" and said he expects officials to move to a more neutral stance next year. (Jinshi)
