[ChainCatcher News] Fed's Daly recently gave a speech and made predictions about future inflation and labor market conditions. He said that if inflation falls slower than expected, the policy interest rate will need to remain at a high level for a longer time. 😮

On the other hand, if inflation gradually declines and the labor market rebalances slowly, the Fed can gradually adjust its policy. 😌

Finally, he also mentioned that if inflation falls rapidly or the labor market weakens more than expected, it will be necessary to lower the policy interest rate. 🤔

These predictions are important for us to understand the policy direction of the Federal Reserve and its possible impact on the global economy and the cryptocurrency market. 🌐💰

The above is today's blockchain industry news, see you next time! 👋