Fed Bostick: Today's employment data will not change the Fed's decision this week "
According to online reports, Federal Reserve Bostick said that the employment data released today is of great significance and has a large revision, indicating that the job market is slowing down from its previous strong level. However, Bostick pointed out that the Fed still needs to further judge the direction of recruitment trends. He believes that today's employment data will not change the Federal Reserve's decision to keep interest rates unchanged this week, and he still expects a rate cut this year. Bostic pointed out that the greater risk this week lies in the inflation rate, which still faces two-way risks, that is, it may continue to decline or accelerate again. When talking about the tariff issue, Bostick said that if the tariff policy ultimately has an impact, the Federal Reserve cannot ignore its impact. He added that it will take some time for companies to adjust prices in response to the tariff increase.
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