"Fed officials could lower interest rates in standard quarter-point increments if the data continue to look fine," said Christopher J. Waller in a CNBC interview. He highlighted that the Federal Reserve is currently navigating the economic impacts of inflation while maintaining the flexibility to respond quickly based on incoming data. Policymakers are considering various scenarios that could see rate cuts if the job market or inflation shifts unexpectedly, signaling a proactive approach to managing economic stability.
Central bankers are poised to lower borrowing costs much more quickly than most economists had expected just a month or two ago. Mr. Waller's comments indicate that if inflation were to increase, the Fed might hold rates steady, but should the data trend negatively, he would advocate for a more aggressive reduction in interest rates to reach the inflation target of 2%. This underscores the balance the Fed seeks to maintain in responding to economic indicators.
Collection
[
|
...
]