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cailianshe news, september 5 (editor: zhao hao)federal reserve hawkish official bostic recently said that he has shifted the focus to the central bank's "dual mission" and mentioned that he is ready to start lowering interest rates.

on wednesday (september 4th) local time, bostic published an article on the official website of the atlanta fed stating that the federal open market committee (fomc)'s dual mission - price stability and full employment - has reached a balance for the first time since 2021.

source: atlanta fed official website

but he added that he was “not quite ready” to declare victory over inflation and that “while inflation has fallen noticeably, risks to achieving our price stability mandate remain. we must remain vigilant to ensure that these risks continue to abate.”

“history tells us that easing monetary policy too soon is a dangerous strategy that could reignite inflation and keep it plaguing the economy for months or even years,” bostic wrote.

but he also pointed out thatif the central bank waits until inflation falls back to 2% before reducing policy restrictions, the labor market will face certain risks, which may disrupt the labor market and cause unnecessary pain and hardship.