美联储理事沃勒：本月应启动降息，未来3-6个月可多次下调，节奏看数据

Core Viewpoint - Federal Reserve Governor Waller advocates for starting interest rate cuts this month, with multiple reductions expected in the coming months, depending on future economic data [1][2]. Group 1: Interest Rate Cuts - Waller emphasizes the need to begin rate cuts at the next meeting, suggesting that the pace of these cuts should be flexible and responsive to economic developments [1]. - He indicates that while the direction for rate cuts is clear, the speed and extent will depend on economic data, estimating a potential reduction of 100 to 150 basis points to reach a neutral rate [2]. Group 2: Economic Context - The call for rate cuts comes amid signs of a cooling labor market, with recent data revisions showing a sharp slowdown in job growth, raising concerns about rising unemployment [3]. - Inflation pressures persist, particularly due to rising service sector prices, keeping overall inflation above the Fed's 2% target, although Waller expects a return to this target within six to seven months [3]. Group 3: Personal Insights and Future Considerations - Waller has historically supported rate cuts, having previously opposed the decision to maintain rates in July, favoring a 25 basis point reduction [3]. - He also addressed speculation regarding his potential candidacy for the next Fed Chair position, stating he has not participated in interviews for the role, providing insight into possible leadership changes within the Fed [3].