Federal Reserve Governor Christopher Waller emphasized the delay in cutting interest rates due to high inflation and strong job growth at the beginning of 2024. Waller suggested reducing the number of rate cuts or postponing them in response to recent economic data.
LISTEN NOW: Fed Governor Christopher Waller joins to discuss rate cuts. Listen and follow the @moneymoverscnbc podcast here: https://t.co/gphQTkkz5U https://t.co/ar9ZMW44ve
“In my view, it is appropriate to reduce the overall number of rate cuts or push them further into the future in response to the recent data,” Waller said in prepared remarks Wednesday before the Economic Club of New York titled “There’s Still No Rush.” https://t.co/1XNbRiOWBZ
#FederalReserve board member #Waller stated there is 'no rush' four times in his latest prepared speech. He is among the Fed hawks. If the Fed really aims to postpone the start of the easing cycle (I doubt it), pressure on fiscal policy and interest payments will further… https://t.co/KBtNNT0H4v https://t.co/mhusrnvFEk
💡Federal Reserve Governor Christopher Waller recently stated, given the high inflation data and strong job growth at the beginning of 2024, he sees "no rush" to cut interest rates. He emphasized that recent economic data support delaying or reducing the number of rate cuts this… https://t.co/b42wHFI5Gv
💡Federal Reserve Governor Chris Waller recently stated, given the high inflation data and strong job growth at the beginning of 2024, he sees "no rush" to cut interest rates. He emphasized that recent economic data support delaying or reducing the number of rate cuts this year.…