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Federal Reserve's Bostic: The Federal Reserve currently does not need to cut interest rates
ChainCatcher News, according to Jinshi reports, Federal Reserve Board Member Bostic stated that current inflation and employment risks are essentially balanced, and the downside risks to employment have significantly diminished compared to before. However, inflation has stagnated over the past two years, and the Federal Reserve still needs to remain vigilant, hoping to see clear evidence of inflation returning to the 2% target.
Bostic believes that the Federal Reserve currently does not need to cut interest rates, and should remain cautious and patient regarding interest rate issues. Additionally, he expects that the impact of some tariff policies will continue until the first half of 2026.