Federal Reserve Governor: If inflation slowdown stalls, Fed may need to pause rate cuts

BlockBeats News, November 14th, Federal Reserve Governor Quarles stated that if progress on inflation slowdown stalls, it may call for a pause in Fed rate cuts, gradual rate cuts are appropriate if the labor market shows signs of weakness, the labor market has rebalanced, overall cooling off, and inflation has made "considerable progress." (Xinhua News Agency)