Published Date Mar 29, 2024

Speaking at an Economic Club of New York gathering on Wednesday, Waller said “there is no rush to cut the policy rate” right now, and 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%.”
 

READ MORE: Fed in 'no rush' to cut ahead of inflation data

By Caroline Gaudette

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