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Fed'S Waller On Interest Rate Cut 2024. Recent disappointing inflation data affirms the case for the u.s. Is within striking distance of the federal reserve's 2% inflation goal, but the central bank should not rush to cut its benchmark interest rate until it is.
Keeping with statements from other policymakers, waller’s sentiments point to an unlikelihood of a rate cut when the federal open market. Says inflation softening faster than expected put him in 50 bps camp.
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