Federal Reserve's Mester: Doesn't think rate cuts will happen soon.

BlockBeats news on October 4th: Federal Reserve official Mester stated that the inflation target of 2% is expected to be reached by the end of 2025, and she does not believe that a rate cut will happen soon. Inflation risks are still biased towards an upward trend. The Federal Reserve may have already reached or be close to its interest rate target peak. If the current economic situation continues, it is likely to support a rate hike at the next meeting. (Jinshi)