Federal Reserve Governor Cook: More cautious measures can be taken regarding interest rate cuts

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Cook stated that the Federal Reserve can take a more cautious approach to interest rate cuts.

Inflation is expected to gradually, but unevenly, decline to the 2% target. The labor market is more balanced, and the labor market is not a source of inflation; the risks of inflation and employment are "basically balanced."