Fed's Bostic: Rate cuts are coming, hope to see more data

BlockBeats news, on August 14, Fed President Bostic said that a rate cut is coming and hopes to see more data. We need to make sure that the inflation trend is real. If we have to raise interest rates after cutting interest rates, it will be a very bad situation. If the economy develops as I expect, there will be a rate cut before the end of the year. (Jinshi)