TechFlow news — On February 13, according to Jinshi News, several senior Federal Reserve officials expressed concern over the latest inflation data and signaled that interest rate cuts are unlikely in the near term. Raphael Bostic, an FOMC voting member for 2027 and President of the Atlanta Fed, emphasized that the Fed will not make judgments on the direction, pace, or timing of rate moves until policies on trade and immigration become clearer. He expects inflation to return to around 2% by early 2026, views the neutral interest rate level at approximately 3%-3.5%, and anticipates achieving half the progress toward that neutral rate by the end of the year.
Austan Goolsbee, a voting member this year and President of the Chicago Fed, described January's inflation figures as "worrisome" during a Fox News interview, while adding, "It's just one month." In a separate interview with The New York Times, he noted that if such inflation levels persist for several consecutive months, it would clearly indicate that the job of controlling inflation is not yet complete. Fed Chair Powell reiterated this week during his semiannual congressional testimony that the central bank is not急于 adjusting borrowing costs.
