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>Atlanta Fed's Bostic Says Inflation Moving In 'right Direction,' Interest Rate Cut Likely In Q4; Penciled In Four Quarter-Percentage-Point Rate Cuts For 2025, Fed Is 'On A Long Term Arc'; He Wants To Be 'Absolutely Certain' Inflation Will Return To 2% Before An Initial Cut That Should Be Seen As The First In A Series; That Is A Reason For Patience
>Atlanta Fed's Bostic Says Share Of Goods Rising 5% Or More Has Fallen Below 20%; Inflation Remains 'chief Concern,' Businesses Say They See No 'Cliff' Ahead For The Job Market; Fed Can Achieve 2% Inflation With A Job Market That Remains 'tight' By Historical Standards; Service Businesses Say Pricing Power Is Eroding
>Atlanta Fed's Bostic Says Housing Costs Are A 'Frontline' Conversation, Though He Remains Confident Shelter Inflation Will 'Fall Back Into Line'; Labor Market 'Loosening But Not Loose'; GDP And Job Market Data Point To 'Orderly Deceleration' In Activity That Will Balance Supply And Demand, Lower Inflation
