Inflation Data Needed Before Rate Cut, Fed’s Waller Emphasizes – More On the Horizon?
Washington, D.C. – Federal Reserve Governor Christopher Waller stated today that he is closely monitoring inflation data and would like to see sustained positive trends before considering a change in interest rates. Waller emphasized the importance of strong economic indicators and stable labor market conditions before adjusting monetary policy. Waller’s cautious approach reflects the Federal Reserve’s commitment to maintaining a balanced economic environment. He highlighted the need for consistent improvements in inflation data over several …