Waller: More Rate Cuts Likely Next Year
Update: 2025-12-17
Description
Federal Reserve governor Chris Waller suggests potential interest rate cuts next year to support a cooling job market, aiming for a moderate pace. He believes the neutral rate is below three percent, leaving room for further cuts. Despite the FOMC hinting at a pause, Waller favors cuts, acknowledging inflation concerns but expecting a decline in the next three to four months. He advocates for a steady approach to bring the policy rate towards neutral while monitoring inflation.
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