Fed's Collins: The current outlook requires a gradual and patient approach to rate cuts

Odaily Planet Daily News According to Collins of the Federal Reserve, the current outlook requires a gradual and patient approach to interest rate cuts, supporting the rate cut in December last year, but this is a critical decision. The Federal Reserve is not following a predetermined path, and the policy is in good shape. The current economic outlook is consistent with the Federal Reserve's forecast in December, and inflation is expected to be higher than recent levels. The rate cut in December provided protection for the labor market, and the economy is gradually and asynchronously returning to the 2% inflation target. (Jinshi)