Published Date
Mar 27, 2024
"There is no rush to cut the policy rate" right now, Waller said in a speech at an
Economic Club of New York gathering. Recent 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%."
READ MORE: Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data