Fed Bostic: There is no urgency to cut interest rates at the moment, and interest rates will be cut twice in the second half of next year

Atlanta Fed President Bostic said that given the strong momentum of the U.S. economy and the need to ensure that inflation returns to the 2% target level, the Fed currently has no urgency to cut interest rates. He also said he expects the Fed to cut interest rates twice in the second half of next year as inflation continues to decline. But he also stressed that policymakers have not yet had active discussions on this issue.