Published Date Mar 28, 2024

Federal Reserve Governor Christopher J. Waller starkly opposed the idea of cutting interest rates amidst current macroeconomic conditions characterized by the recent unexpectedly high inflation figures.

Speaking at the Economic Club of New York, Waller said, “There is no rush to cut the policy rate,” underscoring a cautious approach toward Fed interest rate policy.

READ MORE: Fed's Waller Sends Shiver Down Investors' Spines: 'There Is No Rush To Cut' Interest Rates

By Caroline Gaudette

1569 Views,

Flag

Please sign in to flag this as inappropriate.

• Tweet