Data: U.S. Senator Elizabeth Warren pressures the Federal Reserve to lower interest rates by 75 basis points

ChainCatcher news, many investors and some economists are concerned that the Federal Reserve has waited too long, putting the labor market and economic growth on thin ice, and injecting volatility into the financial markets. The latter was evident in last Friday's U.S. Treasury market, when traders suddenly resumed bets on a 50 basis point rate cut. The presidential election in November has also put the Federal Reserve's decision-making in an uncomfortable position. Republican candidate and former President Trump warned that the Federal Reserve should not cut rates before the election, while Democratic Senator Elizabeth Warren pressured officials to lower rates by 75 basis points.