Atlanta Fed President Raphael Bostic said on Monday that he didn't push to reduce the Federal Reserve's policy rate even more than the 50-basis point cut implemented last week because there's still some uncertainty that the central bank can "really be confident that both our inflation and employment goals are fully within reach.

Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent interest rate cut, calling it the "right decision" in light of substantial progress on inflation and the risk of an increase in unemployment.

Economists with their cheerleading of Fed price controls are like the drunk doctor at the party grabbing women where they shouldn’t under the guise of being a doctor.