Svmuu News Federal Reserve Musallam stated that he had supported the December rate cut because he saw slightly higher risks in the labor market, while the risk of accelerating inflation was easing.Inflation is closer to 3% than 2%, but is expected to ease somewhat this year; the labor market is cooling in an orderly manner. Today’s inflation figures are encouraging, indicating that inflation will move further toward 2% this year, and there is little justification for further policy easing in the near term. (Jinshi)