Fed's Bostic says job market nears full employment, avoids hasty policy adjustments

According to Jinshi's report, ChainCatcher reported that Bostic of the Federal Reserve stated that the U.S. labor market remains close to full employment, providing the Federal Reserve with an "opportunity" to avoid hasty policy adjustments. He emphasized the need to avoid policy fluctuations that could cause public inconvenience and expressed a preference for waiting until "things become clearer". Bostic believes there is sufficient time for adjustments, as the labor market is essentially at full employment.