Federal Reserve Hark: Inflation will continue to decline, policy rates will fall in the long term

BlockBeats News: On February 17th, Federal Reserve official Huck expressed optimism about the state of the US economy and believed that there was currently no reason to change interest rate policy. The Federal Reserve is continuing to work hard to reduce inflation levels. Huck said that current data shows that the US economy will continue to operate in a strong momentum. Inflation remains high, but with the passage of time, in a resilient economic growth and balanced job market, inflation seems to be expected to ease, which are sufficient reasons to maintain policy interest rate stability. He expects inflationary pressures to continue to weaken and return to the 2% target in the coming years. Although I won't promise a specific timetable, I am still optimistic that inflation will continue to decline and policy interest rates will be able to fall in the long term