Federal Reserve Governor Christopher Waller emphasized the need for caution regarding future interest rate cuts, following recent disappointing economic data. He called for a deliberate and gradual approach, pointing out that while there is room for rate reductions, the potential for inflation resurgence requires careful consideration. Other Fed officials, including Logan and Kugler, echoed this sentiment, highlighting the mixed signals from the job market and overall economic uncertainty. They indicated support for a cautious and measured pace in future rate adjustments, noting that one or two additional cuts might be on the horizon if inflation continues to ease.