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The Federal Reserve Board of Governors: We may see multiple rate cuts, depending on the data.
BlockBeats news, on September 3, Fed Governor Waller stated that he believes interest rates should be lowered at the next meeting. The yield on the 10-year U.S. Treasury bond has stabilized. Multiple rate cuts may be seen, whether at each meeting or every other meeting, depending on the data. There is no need to follow a fixed sequence of rate cuts. It is hoped to avoid a downturn in the labor market. “It is known that there will be a slight fluctuation in inflation, but it will not be permanent, and it will be closer to the 2% target in six months.” (Jin10)