He better not talk nonsense. Before less than two times, let's see if the US stock market can hold up. Can the interest on US debt be paid? If it happens again, it really can be nonsense.

According to data from Jinshi, Federal Reserve's Daly expressed satisfaction with the expectation of two rate cuts this year, but if inflation is more persistent, the number of rate cuts this year may be less than two.

If economic growth slows down, further interest rate cuts will gradually lower the policy interest rate; having no sense of urgency is the right approach. The only commitment of the Federal Reserve is to restore price stability. Currently, the United States has a stable labor market, but price stability still needs to be achieved.