Federal Reserve Governor Bauman: Gradual interest rate cuts are appropriate

According to BlockBeats, on August 1st, Federal Reserve Board members Waller and Baumann issued a statement expressing differing opinions. Federal Reserve Governor Waller stated that the Fed should adjust interest rates closer to neutral levels. Federal Reserve Governor Bauman said that as growth slows down, gradually lowering interest rates is appropriate. The upward risk of price stability has weakened. (Golden Ten)