Federal Reserve Governor Waller advocates for a rate cut in September, while other officials remain cautious.

The internal divisions on whether to cut interest rates ahead of the Federal Open Market Committee (FOMC) meeting on September 16-17 are becoming increasingly clear. According to the Wisdom Financial APP, Federal Reserve Board member Bullard explicitly stated on Wednesday that he supports starting a rate cut at this month's meeting and hopes to implement multiple rate cuts in the next three to six months. However, several other Federal Reserve officials are leaning towards patience and continuing to observe the changes in economic data.