Fed Governor Waller: If the job market deteriorates, we may consider cutting interest rates by another 50 basis points

Fed Governor Waller said there are several scenarios that will determine the pace of rate cuts, which will depend on the data. If the data performs well, it is conceivable to cut interest rates by 25 basis points at the next meeting or the next two meetings. If the job market deteriorates, another 50 basis point cut may be considered, and if inflation data reverses, it may support the view of pausing rate cuts. (Jinshi)