Fed Governor William Bostic recently stated that the US economy is expected to return to normal operations within the next few months. He noted that given the current economic performance, the possibility of rate cuts is increasing, but he emphasizes the need to observe more economic data for making more accurate decisions. Recent inflation figures indicate that economic activities are approaching the target levels, further strengthening his confidence in inflation staying at 2%. Bostic also mentioned that if the economy develops as expected, he anticipates taking a rate cut measure by the end of the year. He stresses that although the economy is performing strongly, he is not concerned about a rapid cooling phenomenon due to overheating in the labor market. Concerning recession fears, he stated that it is not currently factored into his expectations.