Federal Reserve Governor Paul Waller: The Federal Reserve should be more cautious in cutting interest rates than it was at its September meeting.
Mr. Waller, the Fed governor, said the central bank should be more cautious in cutting interest rates than it was at its September meeting. The underlying expectation is a gradual reduction in the policy rate over the next year, which is currently at a restrictive level; if the economy develops as expected, policy can be adjusted to a neutral stance at a "steady pace".
European Central Bank Governing Council Holtzmann: The September interest rate cut is not on the board, and we do not want to cut interest rates prematurely.
Powell issued the strongest signal for a rate cut in September, but stressed that the timing and pace would depend on the latest data, the changing outlook, and the balance of risks. Click to view the full text of his speech > >
On August 24th, according to market news, the European Central Bank's governing committee Holtzmann said that the September interest rate cut is not a DingTalk on the board and does not want to cut interest rates prematurely. The Federal Reserve's interest rate cut will make it easier for the European Central Bank to cut interest rates further, and the inflation fight has been largely won. (Golden Ten)
Powell issued the strongest signal for a rate cut in September, but stressed that the timing and pace would depend on the latest data, the changing outlook, and the balance of risks. Click to view the full text of his speech > >