Thursday, 18 July 2024

Fed’s Waller suggests rate cuts may be nearing

by BD Banks

In a speech today, Fed Governor Christopher Waller stated that Fed is “getting closer” to the time when a cut in the policy rate is warranted. He noted that Q2 data on inflation and the labor market has moderated, suggesting that “progress toward price stability has resumed.” Waller believes the current data align with the […]

The post Fed’s Waller suggests rate cuts may be nearing appeared first on Action Forex.

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