According to Jinshi, Fed Governor Waller said that if inflation is below 2%, which is unlikely, or the labor market deteriorates, the Fed can cut interest rates in advance. If inflation rises unexpectedly, the Fed may pause the rate cut.
According to Jinshi, Fed Governor Waller said that if inflation is below 2%, which is unlikely, or the labor market deteriorates, the Fed can cut interest rates in advance. If inflation rises unexpectedly, the Fed may pause the rate cut.