Odaily Planet Daily News: Federal Reserve Chairman Powell said that although the Fed "can see that the labor market may be slowly and continuously cooling down", considering the current strong labor force participation rate and good wage growth, this cooling is not worth worrying about. He said, "Although the uncertainty of the economic outlook has decreased to some extent, it is still at a high level." As long as we see the current labor market situation, coupled with reasonable economic growth and gradually falling inflation, Powell said he is willing to continue waiting for more information before deciding on the next step. (Golden Ten)
