TechFlow reported on September 20 that according to Jinshi Data, Federal Reserve Governor Waller said in his speech that a 50 basis point rate cut "is the right number". He explained: "We are in a strong economic phase and we want to keep it that way. 50 basis points is the right policy move to achieve this goal. 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 rate cut may be considered."