Yellen: Fed seems to expect interest rates to fall further

Odaily News U.S. Treasury Secretary Janet Yellen said that the Fed seems to expect interest rates to fall further. If we continue along this path, interest rates will eventually fall to a neutral level. We hope that the labor market will remain stable if the Fed takes action. The labor market and inflation show that we are on the road to a soft landing. We are thinking deeply about how to enhance liquidity and how to obtain the Fed's discount window. (Jinshi)