Key Takeaways While the Federal Reserve has projected more interest rate cuts this year, some officials are cautious as more economic data comes in.Investors are pricing in rate cuts at each of the next two Fed meetings,

Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go.

The October jobs report will be released on Nov. 1, just days ahead of the presidential election and the next Fed meeting. It will include the impact of multiple strikes and major weather events, so it could provide a counterbalance to the September gains.

Minneapolis Fed President forecasts more modest cuts over the next several quarters, he said on Monday at the Chippewa Falls Area Chamber of Commerce. Recall that the Federal Open Market Committee initiated its easing cycle in September,

San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central bank would stop cutting interest rates, which are "absolutely" still high enough that they are restraining the economy.

Federal Reserve Bank of Minneapolis President Neel Kashkari repeated that he favors reducing interest rates at a slower pace in the coming quarters.