According to ChainCatcher, Fed Chairman Bostic said that although the timing is uncertain, he still believes that the Fed will cut interest rates once this year. He predicts that optimistic inflation relief will continue, although returning to the Fed's 2% target may take until the end of next year or early 2026. Bostic said that there is less consideration of the extent of this year's interest rate cuts and more focus on ensuring that policy easing begins at the right time.
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