Federal Reserve Bostic: The labor market has slowed down, but it does not appear to be weak or vulnerable
Federal Reserve's Bostic stated that the labor market has slowed down, but it does not appear weak or vulnerable; the economy is close to the Fed's target and is "gradually approaching"; inflation rate remains well above 2%; risks of an overly strong economy may hinder policy readjustment; continues to focus highly on inflation targets, while also paying attention to employment market conditions.
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