The Federal Reserve's Daley said that the Federal Reserve's monetary policy remains restrictive and is working to reduce inflation; risks to inflation and employment are currently in balance; and the labor market is no longer the main source of inflation.
According to the article, there are various signs that the Federal Reserve's monetary policy is approaching the time window for cyclical changes. At present, the market is expecting the Federal Reserve to cut interest rates in September. In general, the conditions for the Federal Reserve to cut interest rates are ripe and it is about to enter a new round of easing cycle. If the Federal Reserve chooses a relatively mild interest rate cut model in the future, the international financial marekt may...
The Federal Reserve's monetary policy report: Inflation has made modest progress this year, but more confidence is needed before interest rate cuts can be made.