Crypto界网 reports that "Federal Reserve spokesperson" Nick Timiraos tweeted that Philadelphia Fed President Anna Paulson believes that the labor market, while impacted, has not collapsed, and this remains a greater concern than inflation. She expects the inflation rate to possibly reach 2% (monthly annualized rate) by the end of the year, and currently sees no need to cut interest rates.
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Crypto界网 reports that "Federal Reserve spokesperson" Nick Timiraos tweeted that Philadelphia Fed President Anna Paulson believes that the labor market, while impacted, has not collapsed, and this remains a greater concern than inflation. She expects the inflation rate to possibly reach 2% (monthly annualized rate) by the end of the year, and currently sees no need to cut interest rates.