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More from Fed's Waller: If inflation fell to 2.5%, Taylor rule would say to cut rates

More from Fed's Waller: If inflation fell to 2.5%, Taylor rule would say to cut rates
Still hopeful rate hike's will slow spending, inflationMore from Fed's Waller:We can run our balance sheet down a total of $2 trillion to $2.5 trillion and keep reserves ampleIf saw inflation coming down to 2.5%, Taylor rule would say to cut ratesWe need to see how inflation progresses in 6 to 12 months, then see about cutting ratesWe still have one rate hike penciled in, will be totally driven by the data if it happens or whenHigher long rates for whatever reason puts in tighteningIf long rates... Read More
Posted: Oct 18 2023, 16:32
Author Name: forexlive
Views: 112561

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