Federal Reserve New Voting Member: If the Economy Remains Stable, Rate Cuts May Continue Later This Year

Golden Finance reports that Anna Paulson, a newly appointed voting member of the Federal Reserve in 2026 and President of the Philadelphia Fed, stated that if the economic outlook remains healthy, a moderate additional rate cut later in 2026 might be appropriate. I expect inflation to ease and the labor market to stabilize. The economic growth rate this year is around 2%. If all these conditions occur, it is very likely that some moderate further adjustments to the federal funds rate later this year will be appropriate. Anna Paulson also mentioned that the risks in the labor market remain high, with the slowdown in labor demand outpacing the supply contraction caused by the Trump administration's immigration policies. Although the labor market is under significant pressure, it has not collapsed.