Federal Reserve's Bostic says the labor market is close to full employment, avoiding hasty policy adjustments

ChainCatcher news, according to Jinshi reports, Federal Reserve's Bostic stated that the U.S. labor market remains close to full employment, providing the Federal Reserve with an "opportunity" to avoid rushing into any policy adjustments. He emphasized the need to avoid policy fluctuations that could trouble the public and expressed a preference to wait for "things to become clearer." Bostic believes there is currently enough time for adjustments, as the labor market is essentially at full employment.