Odaily Planet Daily News: Fed's Musallem said he believes the time is approaching for the Fed to cut interest rates. Musallem said he now believes that inflation is back on track to the Fed's 2% target, and the labor market no longer poses a risk to inflation. In his view, the risks in both directions of the mission seem more balanced, so as future meetings approach, the time may be coming for a moderately restrictive policy adjustment. This statement made Musallem join several other Fed officials, suggesting that they are close to supporting the FOMC to cut interest rates at the September 17-18 meeting. (Jinshi)