St. Louis Fed President: The Federal Reserve's goals are close to being achieved, and policy should remain "moderately restrictive."

St. Louis Federal Reserve President James Bullard stated that the Federal Reserve's inflation and employment targets are close to being achieved, but with the inflation rate still above 2%, policy should remain "moderately restrictive." He pointed out that monetary policy should gradually adjust interest rates to support inflation returning to target levels and emphasized the need to carefully assess economic data to determine whether to further cut interest rates. Although recent rate cuts have eased policy restrictions, inflation risks still exist. The latest data shows that core inflation continues to rise, and investors expect the Federal Reserve to cut rates again in December