The Federal Reserve is about to hold an FOMC meeting. Former Federal Reserve Vice Chairman Brainard said in an interview that if he takes part in this interest rate decision, he may choose hawkish interest rate cuts. Brainard said that in the absence of official data, employment data from non-government data sources such as ADP and Reveliolabs will be consulted. Since the Federal Reserve does not want to see the economy enter a self-reinforcing spiral of downturn, leading to more layoffs, she personally would prefer to cut interest rates again, then keep interest rates unchanged for a period of time, and firmly promise to reduce inflation to 2% within the next two years, also known as hawkish interest rate cuts. She said that for Americans, the first issues are inflation and prices.

The Federal Reserve is about to hold an FOMC meeting. Former Federal Reserve Vice Chairman Brainard said in an interview that if he takes part in this interest rate decision, he may choose hawkish interest rate cuts. Brainard said that in the absence of official data, employment data from non-government data sources such as ADP and Reveliolabs will be consulted. Since the Federal Reserve does not want to see the economy enter a self-reinforcing spiral of downturn, leading to more layoffs, she personally would prefer to cut interest rates again, then keep interest rates unchanged for a period of time, and firmly promise to reduce inflation to 2% within the next two years, also known as hawkish interest rate cuts. She said that for Americans, the first issues are inflation and prices.