Federal Reserve's Bostic Discusses Inflation and Employment Risks

Federal Reserve official Bostic has commented on the current state of inflation and employment risks. According to ChainCatcher, Bostic noted that these risks are now largely balanced, with the downside risks to employment significantly reduced compared to previous assessments. However, he highlighted that inflation progress has stalled over the past two years, necessitating continued vigilance from the Federal Reserve. Bostic expressed a desire to see clear evidence of inflation returning to the 2% target.Bostic believes there is no need for the Federal Reserve to cut interest rates at this time and advocates for a more patient approach regarding rate decisions. He also anticipates that the effects of certain tariff policies will persist until the first half of 2026.