Federal Reserve Bostic: Risks in the job market are increasing, and it is still too early for a rate cut

According to Jin Shi data, Federal Reserve Bostic stated that the risks in the job market are increasing, but it is still too early to commit to a rate cut. He believes that a 25 basis point rate cut may be appropriate this year.

Bostic pointed out that more data will be released before the next Federal Reserve meeting, and inflation is expected to continue rising in the coming months. He emphasized that he will carefully monitor inflation and employment data.