Interest rates to wait: Fed policymakers cautious on inflation Target
Amelia Island, Florida – As the Federal Reserve considers its next steps regarding interest rates, officials are urging caution and patience. Federal Reserve policymakers emphasized the importance of waiting for further confirmation that inflation is on a steady path towards the 2% target before making any decisions on rate cuts. Fed Governor Christopher Waller stressed the need for several more months of positive inflation data before considering any changes to the current monetary policy stance. …