Waller recently stated that there remains considerable uncertainty about whether the Federal Reserve will initiate rate cuts in March. The Fed governor emphasized that the key will be to observe how the February employment data performs next — economic data will directly influence the Federal Reserve's policy direction, with labor market conditions being of paramount importance. According to Golden Ten data reporting, the probability of rate cuts occurring or not is essentially equal, making it difficult to determine in advance. Waller's remarks reflect that the Federal Reserve is currently adopting a cautious stance on policy adjustments, with the ultimate direction of monetary policy requiring substantial data support.