According to BlockBeats, on September 24, Federal Reserve Board Governor Bowman said, "I will continue to be cautious about further interest rate cuts."
The labor market shows no clear signs of weakening. If the labor market weakens, it would support policy adjustments. The possibility of a stall in the fight against inflation cannot be ruled out.
Core inflation remains "uncomfortably" above the 2% target. Inflation risks are considered greater than labor market risks. (Jinshi)
