The Fed has now entered a regular "quiet period". Before the official "sealing", two senior Fed officials hinted that despite the mixed employment report released on Friday, the Fed may still cut interest rates by half a percentage point at the upcoming meeting, but they also said that the Fed will be cautious in taking action. It is reported that Fed Governor Waller and New York Fed President Williams said that given the decline in inflation and the weakness of the US labor market, multiple interest rate cuts should be made this year. The Fed fund futures market fluctuated sharply this week and once believed that the Fed was more likely to cut interest rates by 50 basis points this month. Although these bets were later reduced, traders still expect the central bank to cut interest rates by more than one percentage point this year, indicating that the Fed may need to increase its efforts to deal with the economic slowdown.