Bostic's Comments Highlight Hawkish Stance on Future Interest Rates

According to Odaily, financial website Forexlive reported that Bostic made some rebuttals regarding future interest rates, twice expressing a desire to see 'a few' or 'several months' of data. Of course, we won't have 'several months' of data before the September FOMC meeting. Bostic is known for his hawkish stance, so his rebuttals are not surprising. However, with the market pricing in a 26% probability of a 50 basis point rate cut in September, his comments still convey a hawkish message.