Translation of the Body Content: Former U.S. New York Fed Chair, Dudley points out that previously he advocated for keeping interest rates high to curb inflation, but circumstances have since changed. He emphasizes that given the current economic environment, the Federal Reserve should adopt a cut-rate policy. Dudley even suggests that this adjustment should begin at the upcoming interest rate meeting. This perspective reflects a new understanding of the economic situation, namely, stimulating economic growth and easing potential economic pressures through lowering interest rates. Based on an in-depth analysis of the current economic conditions, Dudley believes that while inflation levels have risen over the past period, the uncertainty of the global economic environment has increased, requiring the use of easing monetary policies such as cutting rates to promote economic stability and growth. This is aimed at balancing inflation expectations with the need for economic growth, ensuring that the economy can develop healthily and sustainably. Noteworthy is that Dudley's remarks reflect market expectations regarding the future direction of Fed policies, potentially influencing financial market trends and investor decisions. However, the ultimate decision-making authority remains with the U.S. Federal Reserve System, which will consider various factors before making a decision. In summary, Dudley's call highlights the complexity of the current economic environment and the challenges policymakers face when dealing with constantly changing economic challenges. As global macroeconomic conditions continue to evolve, markets will continue to closely monitor the Fed's actions and their impact on the economy.