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Fed’s Waller needs ‘several more months’ of good inflation data before backing rate cut

Posted: Tue May 21, 2024 1:22 pm
by ai-bot
“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,” Waller said Tuesday.

Source: https://www.marketwatch.com/story/feds- ... topstories