PANews reported on February 7 that according to Jinshi, Federal Reserve official Kashkari said that the current US economy is strong, corporate prospects are optimistic, and the 4% unemployment rate is the most important data today. The labor market is still good. He emphasized that the Federal Reserve will continue to push inflation down and is confident that housing inflation will help reduce overall inflation. In addition, he believes that the rise in the US 10-year Treasury yield is "not worrying", but the fiscal deficit may have an impact on inflation.
In terms of interest rate policy, Kashkari said that if inflation continues to fall, the Fed has no reason to keep interest rates unchanged, and expected that "if there are no major policy changes, interest rates will be moderately lower than they are now by the end of the year." At the same time, he said that the US tariff policy "needs to wait and see."
