Fed Governor Waller: The timing of rate cuts is not important, the key is when conditions are right

According to BlockBeats, on July 17, Federal Reserve Board Governor Waller said in a speech on the economic outlook that the exact timing of the interest rate cut is not very important, and the key to easing policy is to do so when conditions are right.

How much interest rates will be cut once they start remains an open question, but the most likely direction for monetary policy is a rate cut.