Federal Reserve's Bostic reiterates that this year is suitable for a rate cut once

ChainCatcher news, according to Jinshi reports, Atlanta Fed's Bostic reiterated that he believes a rate cut once this year is appropriate, possibly by 25 basis points, depending on the situation of inflation and the job market. He stated that while price stability remains the top priority, the labor market has slowed down to a sufficient extent. Bostic also expressed concerns that the impact of tariffs on prices may persist, believing that the effects of tariffs will not fade quickly.