TechFlow, August 29 — Federal Reserve Governor Christopher Waller said he would support a 25-basis-point rate cut at the September meeting and expects further rate cuts over the next three to six months. If upcoming non-farm payroll data shows significant deterioration, Waller might consider a larger rate cut. He noted that current core inflation is close to 2% and the labor market faces risks of weakness, so the Fed should lower policy rates in a timely manner. Additionally, Waller emphasized that the Fed should ignore the short-term impact of tariffs on inflation in order to shift toward a more neutral monetary policy stance. (Jinshi)
Add to Favorites
Share to Social Media
