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Fed Governor Waller: The Fed should be more cautious in cutting interest rates than it was at the September meeting
Golden Finance reported that Federal Reserve Director Waller said that the Federal Reserve should be more cautious in lowering interest rates than it was at the September meeting. The basic expectation is to gradually drop the Interest Rate policy within the next year, and the current Interest Rate policy is at a restrictive level; if the economy develops as expected, the policy can be adjusted to a neutral stance with a “steady pace”.