Hamak: More concerned about inflation, inclined to keep interest rates stable until spring.

According to ChainCatcher, citing Jinshi, Federal Reserve Chair Hamack stated that after three consecutive rate cuts at the past three meetings, there is no need to adjust interest rates in the coming months. She opposes near-term rate cuts, citing persistently high inflation as a greater concern. Hamack expects interest rates to remain at current levels until at least spring, until clearer evidence emerges that inflation has fallen back to the target level or that the labor market has shown substantial weakness.