According to Odaily Planet Daily, Federal Reserve Governor Waller said that officials can gradually ease monetary policy by cutting interest rates by 25 basis points each time to support the weak labor market; at the same time, Milan continued to advocate for a larger interest rate cut. Waller said on Thursday: "You don't want to make mistakes, and the way to avoid mistakes is to act cautiously - cut 25 basis points first, observe the results, and then decide what to do next." Milan reiterated on the same day that a larger 50 basis point interest rate cut should be adopted. Trade tensions have increased the downside risks facing the economy, and therefore a faster monetary policy easing is needed. "I think there is a high probability that we will have three interest rate cuts of 25 basis points each this year," Milan said. (Jinshi)