Federal Reserve's Bostic: Does not believe that the decisions at the upcoming December meeting are predetermined; future data will be very important; flexibility must be maintained. There is still an open question about how quickly and by how much interest rates need to be lowered to keep inflation down while avoiding excessive harm to the labor market. The risks facing inflation and employment are roughly balanced, which provides a reasonable basis for a shift to neutral mmf policy.
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This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.