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View MoreBostick: If interest rates are cut, inflation is highly unlikely to drop to 2%. He explained that the current inflation rate is driven by factors that are not easily reversed by monetary policy alone, and that a significant reduction to 2% would require a much more aggressive approach or a change in underlying economic conditions. Therefore, policymakers should be cautious about expecting a quick decline in inflation just through lowering interest rates.
3 m
Bostick: A stable labor market provides the Fed with room to wait
3 m
Bostick: Bringing inflation down is especially important for low-income families
5 m
Bostick: The current policy is not highly restrictive, and a rate cut is not expected until 2026.
11 m
Bostick: Still struggling to overcome inflation issues caused by tariffs
15 m
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