• 09/21/2024

Fed’s Waller Suggests Larger Rate Cuts Could Be Appropriate Later

Wall Street Journal

Federal Reserve governor Christopher Waller signaled the central bank could begin a likely string of interest-rate reductions this month with a quarter-percentage-point cut. He suggested he would support larger moves after that if the labor market weakened further.

https://www.wsj.com/articles/feds-waller-suggests-current-data-supports-quarter-point-cut-but-larger-moves-could-be-appropriate-later-948cb276