[Federal Reserve's Harker: It is not clear whether the Fed should cut rates again given the inflation situation] According to a report by Jinse Finance, Federal Reserve's Harker stated that it is not clear whether the Fed should cut rates again given the inflation situation. He mentioned that the economy will accelerate its recovery next year and does not believe the labor market will experience a significant downturn. This year's inflation rate will exceed the target (2%) by one percentage point. He also noted that the unemployment rate is expected to rise slightly this year before declining again. The Fed is facing the dual pressures of employment and inflation targets. Monetary policy is, at best, only marginally restrictive. Inflation is expected to remain elevated until 2026. The labor market may be more fragile than the data suggests. Financial conditions are relatively loose. It will take two to three years for inflation to return to 2%.