Fed Governor Waller's Position on Rate Cut Supported by Positive Inflation Data
Tuesday, 21 May 2024, 13:00
Fed Governor Waller's Position on Rate Cut
Fed Governor Waller discussed the criteria for supporting a rate cut, emphasizing the significance of inflation data.
Key Points:
- Good Inflation Data: Waller stresses the need for sustained positive inflation trends.
- Monetary Policy: He links the decision to support a rate cut to stable economic conditions.
Waller's stance indicates a cautious approach towards monetary policy adjustments, requiring continuous positive economic indicators.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.