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