According to Jinshi, three Federal Reserve officials said recently that the Fed should keep interest rates high for a longer period of time, indicating that officials are in no hurry to cut interest rates. Cleveland Fed President Mester, New York Fed President Williams and Richmond Fed President Barkin said on Thursday that inflation may take longer to reach the 2% target. Their views suggest that the Fed should keep interest rates high while policymakers wait for more evidence of slowing inflation.