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MORNINGSTAR: Fed's Waller says there's 'no rush' to cut U.S. interest rates

The most recent economic data "tells me that it is prudent to hold this rate at its current restrictive stance perhaps for longer than previously thought to help keep inflation on a sustainable trajectory toward 2%," he said in speech at the Economic Club of New York on Wednesday night.


READ MORE: Fed's Waller says there's 'no rush' to cut U.S. interest rates