"The Federal Reserve's megaphone": The Federal Reserve Board of Governors member Waller continues to maintain his most dovish stance.

robot
Abstract generation in progress

According to Deep Tide TechFlow news on June 20, Jin10 data reported that "the Federal Reserve's mouthpiece" Nick Timiraos stated that Federal Reserve Board of Governors member Waller continues to maintain the most dovish stance among his colleagues on the Federal Open Market Committee (FOMC).

Waller recently stated: "I fully agree with the idea that we should perhaps start considering a reduction in the policy rate at the next meeting, as we do not want to wait until the labor market collapses before we begin to reduce the policy rate."

Waller hinted at the internal dynamics of the committee—according to current data, there is no support within the FOMC for a rate cut in July. This raises the question: is he laying the groundwork for "supporting dissent for a rate cut" at the July meeting? Among those hoping to be nominated as the chair of The Federal Reserve, Waller may be the one who has presented the most theoretically grounded reasons for a rate cut so far.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)