Federal Reserve Governor Waller: The Federal Reserve should be more cautious in cutting interest rates than it was at its September meeting
2024-10-14 19:56:13
The Federal Reserve Reserve Board Waller said the Federal Reserve cut interest rates aspect than in September meetingdesk3cryptocurrencydesktopCrypto News
Mr. Waller, the Fed governor, said the central bank should be more cautious in cutting interest rates than it was at its September meeting. The underlying expectation is a gradual reduction in the policy rate over the next year, which is currently at a restrictive level; if the economy develops as expected, policy can be adjusted to a neutral stance at a "steady pace".
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