Fed's Logan: Labor market is strong, premature rate cuts could cause deeper economic trauma

CoinVoice recently learned that according to Jinshi Data, Fed Logan said that the labor market remains strong and fiscal policy is expected to become a driving force for economic growth. She pointed out that if the Fed misjudged and failed to cut interest rates in time, it might cut interest rates further to push employment back to normal levels. At the same time, she emphasized that if interest rates were cut too early, it could bring deeper economic trauma on the long road to price stability.