Bostic: The likelihood of inflation reaching 4% is low.

According to ChainCatcher news and Jin10 reports, Fed's Bostic stated that as long as the confidence of the American public and businesses in the inflation mission is maintained, and they believe that necessary measures will be taken to control it, this will form a “ceiling” on inflation's upward trajectory. Therefore, unless other circumstances arise, he believes that the possibility of inflation reaching 4% is also unlikely.