Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-ratecut at the central bank’s next meeting in a little over two weeks. “At present ...
Waller said he was basing his decision on the data in hand and on forecasts that inflation will move lower in the coming months. The Fed has cut its benchmark rate at its last two meetings by ...
Both Waller and Bostic said data on inflation, jobs, and consumer spending, issued between now and the Fed meeting, will be important in deciding if rates should be cut as expected or not.