Fed's Williams: Rate cuts could start this year

Fed's Williams said that he does not think the recent inflation data is a turning point. The market is taking into account the slowdown in the pace of inflation. The latest CPI data is important information that affects forecasts. Monetary policy is in good shape. I personally think that interest rate cuts may start this year. Monetary policy is restrictive. Fed policy has always been an important driving force for rebalancing. It is more optimistic about potential growth. Everything about the Fed's balance sheet is going according to plan. (Jinshi)