Atlanta Fed President Raphael Bostic advised that the Federal Reserve should hold off on cutting interest rates. He emphasized that many companies plan to raise prices later this year in response to higher import taxes. With a stable job market, Bostic believes that cutting rates could be premature at this stage. The comments come amidst ongoing discussions about the impact of price hikes on the overall economy. Investors should monitor these developments closely as they can influence monetary policy and market conditions significantly.