PANews August 21 news, according to Jinshi data, Federal Reserve official Hamak stated that the current level of inflation is too high and on the rise, requiring heightened focus. He believes that there is still a certain distance to reach a neutral policy level, but there is no need to adopt stimulative policies. In addition, Hamak pointed out that the labor market may remain balanced despite facing economic slowdown, and the unemployment rate is one of the important indicators. Regarding the impact of tariffs, he stated that it is still unclear whether it is merely a one-time effect. Based on existing data, he expects the Federal Reserve will not cut interest rates in September.