Odaily News Andrew E. Law, chairman and CEO of Caxton Associates, said that although Fed Chairman Powell has said that "it is time to adjust monetary policy", the extent and speed of interest rate cuts remain uncertain, and the Fed should cut interest rates quickly and significantly. The Fed is different from other central banks in that its statutory dual goals are price stability and full employment. Given that Powell has expressed confidence that inflation is moving toward the 2% target, people are now focusing on the outlook for the labor market. (Jinshi)