ChainCatcher news, according to Cailian Press, Fed's Daly said that the recent inflation situation is a relief, but progress will not be smooth sailing; inflation is expected to gradually decline, and the labor market is also gradually slowing down; the economy looks to be on a path where it is "more or less" more appropriate to cut interest rates once or twice this year.

More information is needed before taking the next step completely; so many people are talking about the labor market, which is a pretty big signal from the Fed; the labor market has slowed down, but it is still solid.