[The U.S. Congressional Budget Office Expects the Federal Reserve to Slightly Cut Interest Rates This Year] Jin10 News, January 9 – The U.S. Congressional Budget Office (CBO) predicted on Thursday that the Federal Reserve might further slightly cut interest rates this year to "address downside risks in the labor market." The CBO pointed out that higher tariffs and the consumption demand growth driven by the Trump administration's tax cut policies are expected to push inflation above the Federal Reserve's 2% target. In its latest economic outlook, the CBO stated that the current interest rate costs are within the range of 3.5% to 3.75%, and it is expected to drop to 3.4% in the fourth quarter and remain at that level until 2028. The CBO forecasts that the U.S. unemployment rate will drop to 4.6% this year and further decline to 4.4% by 2028. Meanwhile, the Federal Reserve's preferred PCE inflation rate is expected to decrease to 2.7% this year and reach 2.1% by 2028.