A Golden Finance report stated that Raphael Bostic, President of the Atlanta Federal Reserve, said that given the uneven progress in anti-inflation efforts, decision-makers should remain cautious and keep the interest rate at a higher level to achieve price stability. Bostic stated in a podcast recorded on December 9th and released on Tuesday that his expectation is that the inflation rate will continue to gradually decline this year, with the goal of reaching the Federal Reserve's target of 2%, even though progress may sometimes appear stagnant or prices may rise rapidly, inflationary pressures will diminish. Bostic said, 'Considering the fluctuation of inflation indicators, I believe decision-makers should be even more cautious. I want to make sure we get the right signals and ensure that our policies are calibrated in a timely manner based on these correct signals. If we must make mistakes, I would rather err on the side of higher interest rates'.