Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Federal Reserve Officials Emphasize Need for Positive Inflation Data Before Adjusting ...

Federal Reserve Officials Emphasize Need for Positive Inflation Data Before Adjusting Rates
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#504cefd6 ver:0.91

Federal Reserve officials emphasize the need for several months of good inflation data before adjusting rates. Governor Waller believes rate adjustments should be supported by solid evidence to maintain financial stability. Vice Chair Barr advises banks to manage risks as rates are likely to remain unchanged. The latest inflation data is reassuring, suggesting no need for further rate increases. Governor Waller sees monetary policy in a good place and believes the bias is towards rate cuts. President Kashkari also emphasizes the need for significant progress on inflation before cutting rates. It is crucial to take time and get rate cuts right, considering the resilience of the economy. #FederalReserve #inflation #interestrates...

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