Federal Reserve's Bostic: There will be no interest rate cut in July, but policy adjustments will be made based on data
Federal Reserve's Bostic stated that he does not anticipate a rate cut in July, but if economic data proves it necessary, they will maintain an open attitude and adjust policies promptly.
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The Federal Reserve is set to announce its latest interest rate decision next Wednesday. The market generally expects the central bank to keep the federal funds rate unchanged, which would signal its patience in combating inflation.

