[Fed's Bostic: Not In A Rush To Adjust Rates To Neutral Level] Atlanta Fed President Raphael Bostic Said Last Friday That While The Labor Market Remains Strong And Inflation Has Come Down Significantly, There Is Still Considerable Uncertainty Over Prices And Consumer Spending. Inflation Has Not Yet Been Defeated, So Vigilance Is Needed. The Neutral Policy Rate Is Estimated To Be Between 3% And 3.5%, And Inflation Is Expected To Reach 2% By The End Of 2025. The Fed Should Be Patient And Gradually Lower Its Policy Rates To Achieve The 2% Inflation Target While Preventing The U.S. Economy From Slipping Into Recession.