Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates

Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates


Key Points
  • Fed Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.
  • “Whatever happens in the near term, my baseline still calls for reducing the policy rate gradually over the next year,” he said.



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