TechFlow news — On January 16, according to Jinshi News, Federal Reserve Governor Waller said that if economic data continues to perform well, there could be three to four rate cuts this year. He emphasized that inflation data in six of the past eight months have been close to target, and December's inflation figures were favorable, a trend he expects to continue.
Waller noted that if data maintains its current trajectory, the Fed would have grounds to begin cutting rates in the first half of the year, with a March rate cut not out of the question. However, if unexpected developments similar to last year arise, the Fed would have to keep its current policy unchanged.
Add to Favorites
Share to Social Media
