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Federal Reserve Governor Waller: If the situation is right, he will advocate for "pre-emptive interest rate cuts".

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2024-09-06 23:06:32
Federal Reserve Governor Waller said that the current batch of data requires the Federal Reserve to take action; if the situation is suitable, it will advocate "front-loaded interest rate cuts"; inflation will reach the Federal Reserve's 2% target; and it is crucial to start cutting interest rates at the next meeting.