Fed Governor Waller: Fed should be more cautious in cutting interest rates than in September meeting

According to BlockBeats, on October 15, Fed Governor Waller said that the Fed should be more cautious in cutting interest rates than at the September meeting. If inflation is below 2%, which is unlikely, or the labor market deteriorates, the Fed can cut interest rates in advance. If inflation rises unexpectedly, the Fed may suspend interest rate cuts. (Jinshi)