According to Odaily, Federal Reserve official Raphael Bostic has expressed diminished confidence in the economic outlook for 2025. Bostic noted the difficulty in accounting for all potential policy changes in economic forecasts and stated that inflation progress is unlikely to follow a linear path. He highlighted that the Federal Reserve did not significantly cut interest rates last year, maintaining a restrictive policy stance. Bostic expressed satisfaction with the decision to pause rate cuts to observe economic developments. He also mentioned that the Federal Reserve is nearing the threshold level of its balance sheet, with the debt ceiling being a factor in this determination. Bostic emphasized the importance of regularly monitoring the balance sheet to ensure that asset reduction does not become excessive.