Fed's Jefferson: No need to rush to cut rates further, strong economy makes cautious response appropriate

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ODAILY
02-05
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Odaily Odaily News reports that Federal Reserve Governor Jefferson said that there is no need to rush to further cut interest rates, and the strong economy makes it appropriate to respond cautiously. Inflation is expected to continue to decline, but the process may be relatively slow. Interest rates may decline in the medium term. The Federal Reserve faces uncertainty about government policies, and economic growth and labor market conditions are expected to remain robust. (<金十>)

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