FED'S BOSTIC OPEN TO ANOTHER LARGE RATE CUT IF JOB MARKET WEAKENS

Atlanta Federal Reserve President Raphael Bostic said on Monday he would be open to another half-percentage-point interest rate cut at the U.S. central bank's meeting in November if upcoming data show job growth slowing faster than expected.

Bostic said his baseline outlook was for an "orderly" Fed easing over the next 15 months that would end with the central bank's policy rate in the 3.00%-3.25% range at the end of 2025 - a level he thinks would have a neutral impact on the economy and which would be 1.75 percentage points below the level set by the Fed at its Sept. 17-18 meeting.

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