CoinVoice has learned that, according to Jinshi, Chicago Federal Reserve President Goolsby stated on Thursday that given the ample signs of a stable labor market, the central bank should focus on reducing inflation. He pointed out that the current labor market remains strong, and the most important issue is to bring inflation back to 2%. Goolsby believes that there is still considerable room for interest rate cuts, and a rate cut may occur this year, but only if there is convincing evidence that inflation is returning to the 2% track.

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