Federal Reserve governor Christopher Waller stated that officials could continue lowering interest rates in increments of a quarter-percentage-point to bolster a weakening labour market. However, Stephen Miran maintained his stance advocating for a larger reduction. Waller commented during a Bloomberg Television interview on Thursday (Friday AEDT) that a cautious approach is preferable to avoid missteps, suggesting a 25-basis-point cut followed by a period of observation. [...]