Fed's Kashkari: If inflation data is good, it will prompt me to support further rate cuts

Odaily News Kashkari of the Federal Reserve spoke on the macro data. "The rise in the 10-year U.S. Treasury yield is not worrying. It may also be due to the fiscal deficit. The Federal Reserve will bring inflation down. There is great uncertainty about the location of the neutral interest rate." "The most important data today is the unemployment rate of 4%. The current labor market is still good. The economy is strong and the business outlook is optimistic. We need to wait and see about the U.S. tariff policy. We are in a good position to wait and see until we get more information about government policies. If we see good inflation data and the labor market remains strong, then this will prompt me to support further interest rate cuts." "If inflation goes down, I don't see why interest rates should remain unchanged. Unless there are some really surprising changes in administrative policies, interest rates are expected to be moderately lower than they are now by the end of the year. Inflation is expected to continue to decline this year." (Jinshi)