Internet reports that Bostick, President of the Federal Reserve Bank of Atlanta, said that Moody's downgrade of the United States will affect the entire economy and financial markets. A downgrade will have an impact on the cost of capital and could ripple across the economy. Will wait and see the impact of the downgrade on demand for U.S. Treasury bonds. The Fed will have to determine how the downgrade will affect an already unstable outlook. Given household balance sheet conditions and recent inflation, it is unclear whether consumers can bear the full cost of tariffs. Wait three to six months to see how the uncertainty dissipates. (Jin Shi)