St. Louis Fed President Muhammed said that after cutting interest rates by 50 basis points earlier this month, which is greater than usual, the Fed should resume its "gradual" approach to rate cuts. Musalem stated that the US economy may respond "very positively" to a more relaxed financial environment, thereby stimulating demand and extending the time required for the Federal Reserve to lower inflation to 2%. For me, it's about relaxing the brakes at this stage. It's about gradually reducing policy restrictions, "said Musalem. According to the forecast released at this month's meeting, he is one of the officials expected to cut interest rates by over 25 basis points for the rest of the year. @rudnevsky