Fed's Waller Supports Cautious Rate Cuts Amid Easing Debate
TL;DR Summary
A top Fed official, Christopher Waller, supports further interest rate cuts but urges caution due to mixed signals about the US labor market and economic growth, indicating a careful approach to monetary policy amid ongoing debates within the Fed about the pace and scale of rate reductions.
- Fed governor Christopher Waller backs further rate cuts but urges caution Financial Times
- Fed's Waller on board for an October rate cut, as Miran again presses for aggressive easing Reuters
- Fed’s Waller Calls for Careful Cuts, Miran Wants Bigger Move Bloomberg.com
- When will mortgage rates go down? Rates remain relatively flat. Yahoo Finance
- Waller Says Fed Must ‘Move With Care’ After October Rate Cut The Wall Street Journal
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