ME News News, December 21 (UTC+8), Federal Reserve's Hamak stated that the November inflation data is positive, possibly due to data collection distortions caused by the government shutdown in October and the first half of November, which underestimated the price growth over the past 12 months. Although the Bureau of Labor Statistics reported that the November CPI rose 2.7% year-on-year, the adjusted estimates for measurement difficulties brought it closer to the levels generally expected by forecasters of 2.9% or 3.0%. Furthermore, Hamak's core concern about interest rate cuts lies in her view that the neutral interest rate level is higher than commonly believed, and the economy itself has the momentum to maintain robust growth next year. The neutral interest rate cannot be directly observed but can be inferred from economic performance. (Source: ME)