Federal Reserve Director Waller: Data shows the need to reduce interest rate cuts or start easing policies later
2024-03-28 06:24:47
Federal Reserve Governor Waller said that cutting interest rates this year may be appropriate, but it is not yet the time; The data shows that there is a need to reduce interest rate cuts or start relaxing policies relatively late; The risk of waiting is lower than the risk of premature interest rate cuts; The current economy is still not in a hurry to cut interest rates; The Federal Reserve may need to maintain its current interest rate target for a longer period than expected; More progress is needed in inflation to support interest rate cuts; It takes at least a few months of data to determine that the inflation rate will reach 2%; The strong economic situation provides space for the Federal Reserve to evaluate data; The economy is growing healthily.