[Federal Reserve Vice Chair: Interest rates are closer to neutral, core inflation making progress toward 2%] BlockBeats news, on November 7, Federal Reserve Vice Chair Jefferson stated: Supported the October FOMC rate cut. The overall economic changes over the past few months have been minimal, and there are signs of progress in core inflation toward 2%. Interest rates are closer to neutral, so it’s better to proceed cautiously. It is still too early to determine how artificial intelligence will change the economy. The lack of progress in inflation seems to be caused by tariffs, and voting intentions will be decided on a meeting-by-meeting basis, as government shutdowns may lead to missing data. (Jin10)