Morning News
As the first Federal Reserve official to speak this week, Waller is not only a key figure in the Fed's internal strategy for addressing inflation but also the "whistleblower" for the expectation of a rate cut.
On Monday local time, Waller stated that he tends to support continuing rate cuts in December and emphasized that the current monetary policy remains sufficiently restrictive to effectively curb inflationary momentum.
His remarks undoubtedly serve to warm up the signals that Federal Reserve Chairman Powell is about to release. Without Powell's nod, Waller dared to release signals so directly, indicating that this expectation of a rate cut has gained considerable consensus within the Federal Reserve.
It is worth noting that Waller's speech not only focused on the rate cut in December but also looked ahead to next year's monetary policy direction. He expects that the Federal Reserve will continue to cut rates until approaching a more neutral policy interest rate level, although the specific pace and magnitude of rate cuts still require further observation.#ETH持续飙升 $BTC
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