Recently, in a public discussion, Fed official Goolsbee pointed out that all the conditions aimed at promoting rate cuts have been met. This includes stable growth in the labor market and inflation gradually returning to its target path of 2%. He stated that policy is currently at the tightest point in the entire tightening cycle, with internal forecasts within the Federal Reserve generally supporting this action. This means that, given the current economic backdrop, the Fed believes it is time to implement rate cuts to promote economic growth and price stability.