Fed Schmid said interest rates are likely to be significantly higher than they were before the COVID-19 pandemic; called for a prudent, gradual and prudent rate-cutting strategy; individuals prefer to avoid sharp rate cuts; "reasonably believe" that inflation will fall to 2 percent; and see the labor market normalizing, not worsening.
Federal Reserve Governor Waller: If the labor market deteriorates, it may consider another 50 basis points rate cut.
Holtzmann, the governing council of the European Central Bank, said that October may not be the time to cut interest rates again, and 2.5% may be close to the neutral rate.