The Federal Reserve's semi-annual monetary policy report:
Greater confidence in inflation is still needed before interest rate cuts Odaily Planet Daily reported that the Federal Reserve's semi-annual monetary policy report showed that inflation has made some progress this year, but greater confidence is still needed before interest rate cuts are made; real estate-related inflationary pressures are expected to gradually decline; although some banks' commercial real estate portfolios are "under pressure", the financial system remains "healthy and resilient"; liquidity in most domestic banks remains ample.