Bostic: The Federal Reserve should continue to focus on inflation, expecting inflation to be above 2.5% by the end of 2026

According to Jinshi reports, the soon-to-retire Atlanta Fed President Bostic published an article on Wednesday stating that the Federal Reserve should continue to focus on addressing inflation issues, expecting high price pressures to persist for most of next year. He leans towards keeping interest rates unchanged at the December policy meeting and suggests maintaining this level throughout 2026, reasoning that favorable economic winds may continue to exert upward pressure on inflation. He anticipates that inflation will still be above 2.5% even by the end of 2026.