CoinVoice has recently learned that, according to Jinshi Data reports, Federal Reserve official Daly stated that unless there is weakness in the labor market, a rate cut in the fall seems more appropriate. He pointed out that the economic fundamentals are developing in a direction that may require a rate cut, and company CEOs are cautiously optimistic about tariffs, while the impact of other possible tariff measures on inflation may not be as significant.

Daly emphasized that it is still necessary to continuously monitor policy trends in the future. If there are no tariff measures, consideration will be given to interest rate normalization. He also mentioned that the continuous decline in inflation is good news, and concerns about the impact of tariffs on inflation are not as severe as initially announced. So far, the economic situation is good, and so is the policy, maintaining a balanced situation. [Original link]