Fed official Bostic: No 75 basis point hike in September if prices cool significantly

According to BlockBeats, on August 31, Federal Reserve official John Bostic said that a 75 basis point interest rate hike in September may not be possible if prices cool significantly, and the slowing inflation data may give the Fed reason to slow rate hikes. Inflation is too high and restrictive policies are needed. It is too early to declare victory over inflation. (Financial Association)