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2024-05-28 11:23:48
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Federal Reserve Officials Emphasize Need for Positive Inflation Data Before Adjusting Rates
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#504cefd6 ver:0.88

Federal Reserve officials emphasize the need for positive inflation data before adjusting rates. Governor Waller cautions against rushing with rate adjustments and suggests solid evidence in the form of several months of good inflation data is needed. Vice Chair Barr advises banks to manage risks as interest rates are likely to remain unchanged. Waller believes further rate increases are unnecessary as inflation isn't accelerating. Kashkari also wants to see more positive inflation data before considering rate cuts. Understanding inflation data is crucial for economic stability. #FederalReserve #inflation #interestrates...

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https://here.news/story/504cefd6?ver=0.88
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