Fed's Jefferson: No need to rush for further rate cuts, cautious response is appropriate due to strong economy.

Odaily Planet Daily News According to the Federal Reserve Board member Jefferson, there is no need to rush to further reduce interest rates, and cautious response has become appropriate due to the strong economy. It is expected that the decline in inflation will continue, but this process may be relatively slow. In the mid-term, the Interest Rate may decrease. The Federal Reserve faces uncertainty in government policies, and it is expected that the economy will rise and the labor market conditions will remain robust. (FXStreet)