Recently, in a public speech, Federal Reserve official William Bostic stated that although the current inflation rate in the U.S. has not dropped to the target level of 2%, the Fed's tightening policies have started to take effect. Based on this, he believes it is now time to gradually return to a normal monetary policy stance. Bostic emphasized that policy adjustments should not wait until inflation fully returns to 2%, reflecting his deep understanding of the current economic environment and monetary policy dynamics.