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Waller - Could Consider Cutting At End Of This Year

FED
  • Speaking to CNBC after his earlier in-depth discussion on the economic and monetary policy outlook, Fed Governor Waller (voter) offers a balanced view, not expecting a need to hike further but only considering cutting late this year.
  • He earlier said he needs to see several more good inflation prints to cut.

Bloomberg headlines:

  • Policy will have to bite to bring inflation down.
  • He reiterated from earlier that he thinks monetary policy is tight enough, the data is not looking like we need to raise rates.
  • If data warrant, could consider cutting at the end of this year but the idea of only one cut doesn’t make a lot of sense.
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  • Speaking to CNBC after his earlier in-depth discussion on the economic and monetary policy outlook, Fed Governor Waller (voter) offers a balanced view, not expecting a need to hike further but only considering cutting late this year.
  • He earlier said he needs to see several more good inflation prints to cut.

Bloomberg headlines:

  • Policy will have to bite to bring inflation down.
  • He reiterated from earlier that he thinks monetary policy is tight enough, the data is not looking like we need to raise rates.
  • If data warrant, could consider cutting at the end of this year but the idea of only one cut doesn’t make a lot of sense.