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Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates
Posted on 5/21/24 at 8:11 am
Posted on 5/21/24 at 8:11 am
quote:
“The economy now seems to be evolving closer to what the Committee expected,” he said. “Nevertheless, in the absence of a significant weakening in the labor market, I need to see several more months of good inflation data before I would be comfortable supporting an easing in the stance of monetary policy.”
He's been seeing good reports?
LINK
2
Posted on 5/21/24 at 10:17 am to BCreed1
Inflation has gone down from there numbers. We wont feel it. The unemployment unfortuantely is the key and i think the BLS is fonally gonna show real numbers after being called out by everyone
Posted on 5/21/24 at 11:27 am to SDVTiger
quote:You have FAR more optimism than I that the truth will ever factor into their reporting.
i think the BLS is fonally gonna show real numbers after being called out by everyone
Until the very quietly released “revisions”
Posted on 5/21/24 at 11:36 am to llfshoals
quote:The revisions just haven't been that bad over the past 18 months or so.
Until the very quietly released “revisions”
Posted on 5/21/24 at 12:07 pm to BCreed1
quote:
Fed Governor Waller wants ‘several months’ of good inflation data before lowering rates
Was he on vacation for the last few years?
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