[Fed Chairman Powell: If the economy develops as expected, there will be two more rate cuts this year with a total of 50 basis points] Golden Finance reported that Federal Reserve Chairman Powell said that the Fed does not feel in a hurry to cut interest rates quickly; if the economy develops as expected, there will be two more rate cuts this year with a total of 50 basis points; all factors will be considered in the interest rate decision in November; and inflation of goods and services will roughly return to pre-COVID-19 levels.