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Fed Waller: May need rate above 5.1-5.4% if data continue to be too hot

Fed Governor Christopher Waller said that “a barrage of data” in February has challenged high view that FOMC was “making progress in moderating economic activity and reducing inflation.” “It could be that progress has stalled, or it is possible that the numbers released last month were a blip,” he said. “If job creation drops back down […] The post Fed Waller: May need rate above 5.1-5.4% if data continue to be too hot appeared first on Action Forex... Read More
Posted: Mar 3 2023, 04:16
Author Name: actionforex
Views: 102288

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