Fed's Bostic says economy likely to continue slowing

*WALLER EMERGES AS FAVORITE FOR FED CHAIR AMONG TRUMP TEAM Waller Has Met With Trump Team But Not With President TRUMP TEAM LIKES WALLER DESIRE FOR RATE CUTS BASED ON FORECASTS

Fed's Bostic: I still feel that one cut for this year remains appropriate, but there is a lot of data coming before the September meeting. Bostic Says Jobs Data Show Higher Risks to Labor Market Than Before Last Meeting Fed's Bostic: I am hopeful that by mid to late next year, price pressures will have eased. Fed’s Bostic: Hopeful Can Start Returning To Neutral Rate In 2026 Fed's Bostic: It would not be surprising if dissents continue at the FOMC meetings, given the complexity of the moment.

BOE Gov. Bailey Says It's Crucial Not To Lower Bank Rate Too Fast or Too Much BoE’s Gov Bailey: We Should Expect Gradual Normalisation Of Pay Growth To Feed Through To Lower Services Price Inflation - Must Be Very Careful That Higher Food And Energy Prices Do Not Lead To Any Second Round Effects On Wage Or Price Setting Bank of England's Bailey Says "Second-Round Effects May Delay Return To Target" BoE’s Gov Bailey: Yes Rates Are Definitely Still On A Downward Path, Policy Is Still Restrictive - I Think Neutral Rate Is Too Uncertain To Speculate On BoE’s Gov Bailey: My Vote Was Not Motivated By Concerns About A Recession Risk - We Have Changed Our View On The Activity Outlook Very Little Since May