The Federal Reserve's easing efforts may be more aggressive than expected, with traders betting on another 50 basis point rate cut in November. The latest statement from Federal Reserve officials sends a heavy signal. St. Louis Federal Reserve President Mussalem said in an interview, "The degree of economic weakness in the United States may exceed my current expectations, and the degree of labor market weakness may also exceed expectations. If that's the case, then a faster pace of interest rate cuts may be appropriate