Federal Reserve's Logan: It is still too early to consider cutting interest rates

ChainCatcher message, Federal Reserve's Logan stated that the U.S. has not yet achieved a soft landing. The first quarter inflation data was disappointing, and there are significant upside risks to inflation. It is still too early to consider rate cuts. We need to maintain flexibility in our policy. There are still ample reasons to believe that inflation will reach 2%, and the neutral interest rate level may have risen, with current uncertainty regarding the restrictiveness of Federal Reserve policy.