Odaily Planet Daily News Caxton Associates Chairman and CEO Andrew E. Law said that although Federal Reserve Chairman Powell has said that "it is time to adjust monetary policy", the extent and speed of interest rate cuts remain uncertain, and the Federal Reserve should cut interest rates quickly and significantly. The Federal Reserve is different from other central banks. Its statutory dual goals are price stability and full employment. Given that Powell has expressed confidence that inflation is moving towards the 2% target, people are now focusing on the outlook for the labor market. (Jinshi)