TechFlow, May 19 — According to Jinshi Data, Fed's Bostic said Moody's downgrade of the U.S. rating will affect the entire economy and financial markets, and the downgrade will impact funding costs, potentially affecting the broader economy. He will monitor the downgrade's impact on demand for U.S. Treasuries. Considering household balance sheets and recent inflation, it remains unclear whether consumers can bear the full cost of tariffs. We need to wait three to six months to see how uncertainties gradually dissipate.
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