Fed’s Waller Makes Case for a Slower Pace of Rate Cuts
Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation
A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation doesn’t reignite.
Fed's Waller wants to apply more 'caution' when cutting rates
Federal Reserve governor Chris Waller said Monday that the central bank needs to proceed with "more caution" when cutting rates as he absorbs recent data showing a strong job market and hotter-than-expected inflation.
Federal Reserve’s Waller calls for more caution on interest rate cuts after ‘disappointing’ data
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Fed's Waller calls for "more caution" on rate cuts
Citing recent data showing an uptick in inflation and a U.S. economy and labor market that are stronger than previously thought, Federal Reserve Governor Christopher Waller on Monday called for "more caution" on interest-rate cuts ahead.
Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates
Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could still be running at a hotter-than-desired pace.
Fed’s Waller Makes the Case for a Slower Pace of Rate Cuts
Federal Reserve Governor Christopher Waller’s base case calls for a gradual decline in interest rates over the coming year.
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