Published Date Mar 29, 2024

Speaking at the Economic Club of New York, Fed Gov. Christopher Waller indicated that the recent spate of hotter inflation data raised the burden of proof needed to start implementing rate cuts. If stronger inflation persists, Waller said it could “reduce the overall number of rate cuts or push them further into the future.”

READ MORE: Interest Rates, Inflation, and What Else Could Come Up in Powell's Speech

By Caroline Gaudette

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