Golden Finance reported that the Federal Reserve's Musalem said that May's retail sales data meant that demand was moderate in the second quarter; it may take "several quarters" to see data supporting a rate cut; the labor market is no longer overheated, but is still tightening; if inflation progress stagnates or even reverses, I will support the Fed's interest rate hike; I believe there is uncertainty about the degree of policy restrictiveness; the current monetary policy stance allows the Fed to remain patient and evaluate the data.