Federal Reserve Governor Lisa Cook and Governor Christopher Waller have expressed caution regarding interest rate cuts. Cook highlighted the risks of cutting rates too soon or too late, emphasizing the need for a balanced approach to achieve employment and inflation goals. Waller echoed a similar sentiment, stating there is no rush to lower rates and that recent economic data should guide the decision-making process.
Federal Reserve Governor Christopher Waller said there is no rush to lower interest rates, emphasizing that recent economic data warrants delaying or reducing the number of cuts seen this year. https://t.co/LavQmtgTo3 via @economics
"The Fed would rather cut too late and risk slight economic weakness than cut too soon and risk a resurgence of inflation," says @KobeissiLetter's @TKL_Adam as Fed Governor Waller still sees "no rush" to cut interest rates. https://t.co/T9RIcfSzQ5
🔴 FED'S WALLER: ECONOMY IS NOT GIVING FED CASE TO PURSUE BIG RATE CUTS.
Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data https://t.co/9zOzyfwYWS https://t.co/EmgRW9nfo6
Why the Fed Is Delaying Interest-Rate Cuts: Waller https://t.co/EdsRLNHsjW
Fed's Waller is in “no rush” to cut rates in 2024 https://t.co/auQG9QgbZH by @Jenniferisms
Federal Reserve Governor Christopher Waller said there is no rush to lower interest rates, emphasizing that recent economic data warrants delaying or reducing the number of cuts seen this year. https://t.co/WhArjwGpRq
Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates https://t.co/dOfsHhJdSq
*WALLER: RECENT INFLATION DATA MADE ME UNCERTAIN ABOUT PROGRESS *WALLER: RATE CUTS LIKELY APPROPRIATE THIS YEAR, BUT NOT YET *WALLER: NEED 'COUPLE MONTHS' OF BETTER INFLATION DATA TO CUT
FED'S WALLER: STILL EXPECTS FED TO CUT RATES LATER THIS YEAR || SAYS ECONOMY’S STRENGTH GIVES FED SPACE TO TAKE STOCK OF DATA || SAYS DATA SUGGESTS FEWER RATE CUTS POSSIBLE THIS YEAR || SAYS ECONOMY IS GROWING AT A HEALTHY PACE
FED'S WALLER: 'STILL NO RUSH' TO CUTTING RATES IN CURRENT ECONOMY
Fed's Waller: 'Still No Rush' To Cutting Rates In Current Economy - Fed May Need To Maintain Current Rate Target For Longer Than Expected - Needs To See More Inflation Progress Before Supporting Rate Cut - Needs At Least A Couple Of Months Of Data To Be Sure Inflation Heading To…
*WALLER: RECENT INFLATION DATA MADE ME UNCERTAIN ABOUT PROGRESS *WALLER: NEED 'COUPLE MONTHS' OF BETTER INFLATION DATA TO CUT *FED'S WALLER: DATA WARRANT FEWER CUTS OR LATER START TO EASING
COOK: CUTTING TOO SOON COULD RISK INFLATION BECOMING ENTRENCHED COOK: CUTTING TOO LATE COULD UNNECESSARILY HARM ECONOMY * https://t.co/HBUYBHoYOV
COOK: CUTTING TOO SOON COULD RISK INFLATION BECOMING ENTRENCHED COOK: CUTTING TOO LATE COULD UNNECESSARILY HARM ECONOMY
🇺🇸 #FED GOVERNOR LISA COOK REMARKS IN TEXT OF SPEECH AT HARVARD - BBG *COOK: CUTTING TOO SOON COULD RISK INFLATION BECOMING ENTRENCHED *COOK: CUTTING TOO LATE COULD UNNECESSARILY HARM ECONOMY *COOK: RISKS TO INFLATION, JOB GOALS MOVING INTO BETTER BALANCE *COOK: 'CAREFUL' POLICY…
🔴 FED'S COOK: INFLATION HAS FALLEN CONSIDERABLY AND THE LABOR MARKET HAS REMAINED STRONG.
🔴 FED'S COOK: RISKS TO ACHIEVING THE FED'S EMPLOYMENT AND INFLATION GOALS MOVING INTO BETTER BALANCE.
🔴 FED'S COOK: THERE ARE RISKS TO EASING POLICY TOO MUCH OR TOO SOON AS WELL AS TOO LATE.
🔴 FED'S COOK: CUTTING TOO SOON COULD RISK INFLATION BECOMING ENTRENCHED.