Federal Reserve Governor Waller: May consider cutting interest rates by 50 basis points again if the job market worsens

According to ChainCatcher news, as reported by Jinshi, Federal Reserve Governor Waller stated that several scenarios will determine the pace of interest rate cuts, which will depend on the data. If the data performs well, it is conceivable to cut rates by 25 basis points at the next meeting or the following two meetings. If the labor market deteriorates, a consideration of a 50 basis point cut may be on the table, and if inflation data shows a reversal, it may support the view of pausing rate cuts.