St. Louis Fed President Bullard believes that there is limited room for further interest rate cuts.

St. Louis Federal Reserve Bank President Albert Museler reiterated his support for last week's interest rate cut but expressed caution about further significant rate cuts. Museler characterized this rate cut as "a preventive measure to support the labor market under full employment and prevent further economic weakness. However, I believe that there is limited room to further ease policy without causing excessive looseness, and we should proceed cautiously in pursuing further rate cuts."