PANews reported on September 16 that according to Jinshi, former Fed economist and chief economist of New Century Consultants, Claudia Sahm, said that since the last Fed meeting, there have been two months of good inflation data, which is what the Fed requires. However, the question now is how big a move the Fed should make. Financial markets, as a compass for the direction of the central bank, have not been helpful in this regard. According to CME's Fed Watch tool, the futures market focused on a 25 basis point interest rate cut for most of last week, but on Friday, traders turned to the almost equal possibility of a 25 or 50 basis point cut. The inflation data alone is enough to cut 25 basis points, and there will be a series of rate cuts after that. Claudia Sah believes that the federal funds rate is already over 5% and has been fighting inflation for more than a year, which means a 50 basis point cut from the beginning to prevent a potential labor market recession. She said: "The labor market has become weak since July last year, so there is part of the recalibration. We have more information. Fed officials need to make this 50 basis point cut and be ready to take further action."