According to TechFlow, according to Jinshi Data, Federal Reserve official Daly said that if inflation remains stable or falls slowly, interest rates will need to remain high for a longer time; if inflation falls or the labor market changes, the Federal Reserve can adjust its policies in a timely manner.
She stressed that monetary policy needs longer to work, but there is evidence that the policy is tight enough. Although the Fed has not yet completed its task, today's personal consumption expenditure data is "good news", inflation data shows that it is cooling down, and the policy effect is in line with expectations.
