Fed Governor Waller: Future Rate Cuts Will Depend on Upcoming Data

Article is form Jinse
September 20, 2024
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"Gold Finance reported that Federal Reserve Governor Waller said that a 50 basis point rate cut was the right move to keep the economy strong. Inflation data released during the quiet period led me to favor a significant rate cut. Future rate cut decisions will depend on upcoming data releases. If the job market deteriorates, we may consider another 50 basis point cut. If the fight against inflation stalls, I may advocate for pausing rate cuts. If economic data weakens, I would prefer a significant rate cut. I don't believe we are behind the curve."

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