Federal Reserve's Daly: The economy indicates that it would be more appropriate to cut interest rates once or twice this year

Federal Reserve's Daly stated that the recent inflation situation is a relief, but progress will not be smooth; it is expected that inflation will gradually decrease and the labor market is also slowing down; economically, it seems to be on the path of one or two rate cuts this year which would be more appropriate "more or less"; more information is needed before taking the next step fully; so many people are talking about the labor market, this is quite a big signal from the Federal Reserve; although the labor market has slowed down, it remains solid.