Fed's Mester: If the economy worsens, interest rates may be cut, and if inflation falls, stagnates or reverses, interest rates may be maintained or raised

According to Jinshi, Fed’s Mester said that if the economy unexpectedly deteriorates, it can consider lowering interest rates. On the contrary, if the process of inflation decline stagnates or reverses, it can choose to keep interest rates at the current level or even raise them.