The Federal Reserve has entered its regular "quiet period," with two senior officials hinting before the silence that they remain cautious about a half-point rate cut
ChainCatcher news, according to Jinshi reports, the Federal Reserve has currently entered its regular "quiet period." Before the official "gag order," two senior Federal Reserve officials hinted that despite the mixed employment report released this Friday, the Federal Reserve may still cut interest rates by half a percentage point at the upcoming meeting. However, they also stated that the Federal Reserve will remain cautious when taking action.It is reported that Federal Reserve Governor Waller and New York Fed President Williams indicated that given the decline in inflation and the weakness in the U.S. labor market, multiple rate cuts should occur this year. The Federal Reserve fund futures market experienced significant fluctuations this week and at one point believed that the Fed was more likely to cut rates by 50 basis points this month. However, these bets were later reduced, but traders still expect the central bank to cut rates by more than one percentage point this year, indicating that the Federal Reserve may need to intensify efforts to address the economic slowdown.
