【Federal Reserve's Bostic: Moody's Downgrade of U.S. Rating Will Affect the Entire Economy and Financial Markets】Golden Finance reported that Rafael Bostic, President of the Federal Reserve Bank of Atlanta, stated that Moody's downgrade of the U.S. rating will impact the entire economy and financial markets. The downgrade will affect the cost of capital and may ripple through the entire economy. Attention will be paid to the impact of the downgrade on the demand for U.S. Treasury bonds. The Federal Reserve will have to determine how the downgrade will affect an already unstable outlook. Given the condition of household balance sheets and recent inflation, it is currently unclear whether consumers can bear the full cost of tariffs. We need to wait three to six months to observe how uncertainty gradually dissipates. (Golden Ten)