According to Odaily, the US Federal Reserve's semi-annual monetary policy report indicates that there has been some progress in inflation this year. However, greater confidence is needed before implementing rate cuts. The report also predicts that inflationary pressure related to real estate will gradually decrease.
Despite some banks' commercial real estate investment portfolios facing pressure, the financial system remains healthy and resilient. The report further notes that the majority of domestic banks still have ample liquidity. The Federal Reserve's observations and predictions provide an important insight into the current state of the US economy and its financial system.
