[Federal Reserve Daley: If inflation cools and stagnates or financial conditions relax, further interest rate increases will be needed] Golden Finance reported that Fed Daley said that keeping interest rates stable is a positive policy action, and the tightening financial environment reduces the need for the Fed to raise interest rates. demand; if inflation cools and stalls or financial conditions ease, further interest rate increases will be needed. With bond yields rising, there is no need for additional tightening by the Fed; the recent tightening in bond markets amounts to about one rate hike. He also stated that there is still a long way to go before the 2% inflation target, and there is still a long way to go before sustainable employment; the economy still has considerable development momentum; despite the recent slowdown in the labor market, But job growth remains well above what is needed to keep pace with economic growth.