๐บ๐ธ Breaking: Waller from the Federal Reserve: Interest rate cuts may begin in July!
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๐ Early signal for interest rate cuts:
Christopher Waller, a governor of the U.S. Federal Reserve, stated that the central bank may start lowering interest rates as early as next July.
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๐ก Waller's view on interest rate policy:
* ๐ No need to wait: he believes the Fed should not wait for the labor market to deteriorate before starting cuts.
* ๐ข Slow start: he suggests beginning with a gradual and slow reduction in interest rates.
* ๐ Inflation data: he points out that recent inflation data supports this move.
โ Do you expect the Federal Reserve to actually start cutting rates by July, or will it prefer to wait longer?
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