**[Federal Reserve's Paulson: Further Rate Cuts Appropriate if Inflation Eases]** Golden Ten Data, January 14 – Federal Reserve's Paulson reiterated on Wednesday that she expects the Fed may lower short-term interest rates later this year if the economy aligns with her expectations of easing inflation and a stable job market. In a prepared speech for the Greater Philadelphia Chamber of Commerce event, Paulson stated: "My baseline expectation is fairly moderate," predicting inflation to fall back to around 2% by the end of the year, with the job market stabilizing and economic growth maintaining around 2%. She noted: "If all of this happens, then some modest adjustments to the federal funds rate later this year may be appropriate." Regarding the job market, Paulson emphasized again, "The labor market is clearly slowing down, but it has not collapsed." She believes risks are rising, which was one of the key reasons she supported last year's FOMC decision to lower rates by 75 basis points.