Atlanta Fed President Raphael Bostic has expressed opposition to further interest rate cuts this year, citing persistent inflation concerns. Despite shifting economic risks towards employment, Bostic emphasized that inflation remains above the Federal Reserve's 2% target, preventing him from supporting additional cuts in October. At the recent Fed meeting, Bostic had anticipated only one rate cut for 2025, which was already implemented last week. He indicated that no further cuts are necessary for the remaining meetings in October and December, highlighting uncertainty about the interest rate path.