Federal Reserve Board Governor Warsh: If progress is made in reducing inflation, it is possible that interest rates may be lowered in a few months.

BlockBeats news on November 29th, Federal Reserve Board member Bullard stated that if inflation continues to decline in the coming months, it would be a good economic reason to lower policy rates, and there is "no reason" to insist on keeping rates at a "very high level". Bullard also expressed increasing confidence that the current interest rate set by the Federal Reserve would prove sufficient to push inflation down to the target of 2%, while acknowledging that if progress continues to be made in reducing inflation, it may be possible to cut rates in a few months. If progress continues for a few more months, we can start to lower policy rates because inflation has decreased. (Jin10)