Waller recently stated that there remains significant uncertainty about whether the Federal Reserve will initiate rate cuts in March. The Fed governor emphasized that the key will be how the February employment data performs next — economic data will directly influence the Fed's policy direction, with labor market conditions being of paramount importance. According to Golden Ten data, the likelihood of a rate cut or no cut is essentially equal, making it difficult to determine in advance. Waller's remarks reflect that the Federal Reserve is currently adopting a cautious approach in policy adjustments, with the ultimate direction of monetary policy requiring substantial data support.