金十数据|Feb 24, 2026 12:30
[Federal Reserve's Bostic: Even with Productivity Gains, the Fed Must Focus on Inflation]
Jin10 News, February 24 – Federal Reserve's Bostic emphasized that monetary policy needs to remain patient. Bostic warned that the U.S. may be facing the risk of rising structural unemployment, a fundamental shift that cannot be resolved solely through interest rate adjustments. To address this situation, the Federal Reserve is closely monitoring labor market idleness across different groups. If unemployment issues stem from structural factors, attempting to correct them through significant rate cuts could inadvertently drive up inflation rather than create jobs.
Despite encouraging improvements in productivity, Bostic maintains a hawkish stance on price stability. He cautioned against reacting too impulsively to short-term economic 'noise,' arguing that overreacting to immediate pressures could lead to greater instability in the future. The Federal Reserve's primary task remains controlling inflation, and it must resist the temptation to prematurely shift policy direction.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink