Odaily Planet Daily News: Fed's Harker said that it is impossible to say whether to support a 25 basis point or 50 basis point rate cut now, and more data is needed. He did not comment on the market's pricing of the Fed's actions. The direction of the Fed's actions is more important than the magnitude of the actions. As long as the data performance meets his expectations, he supports a rate cut in September. "For me, if there are no surprises in the data we get between now and then, I think we need to start the process of cutting interest rates," Harker said in an interview. Harker said the size of any particular move is not as important as the overall rate cut, noting: "I think a slow and methodical rate cut is the right approach." He said that the business people he has contacted called for predictable actions and did not want the rate cut to be the same as the aggressive rate hike in the spring of 2022 that raised interest rates from near zero. (Jinshi)