Fed's Waller Says Will Support Holding Rates Steady In December If Data Shows Forecasts Of Slowing Inflation Are Wrong; Direction Of Policy Rate Over Medium Term Is Clearly Down; Monetary Policy Remains 'Significantly Restrictive'; Still 'A Ways To...

Benzinga · Dec 3 04:17

Fed's Waller Says Will Support Holding Rates Steady In December If Data Shows Forecasts Of Slowing Inflation Are Wrong; Direction Of Policy Rate Over Medium Term Is Clearly Down; Monetary Policy Remains 'Significantly Restrictive'; Still 'A Ways To Go' In Reducing Policy Rate To Neutral, Expects Rate Cuts To Continue Over The Next Year; Speed And Timing Of Rate Cuts To Be Determined By Economic Conditions

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Fed's Waller Says Will Support Holding Rates Steady In December If Data Shows Forecasts Of Slowing Inflation Are Wrong; Direction Of Policy Rate Over Medium Term Is Clearly Down; Monetary Policy Remains 'Significantly Restrictive'; Still 'A Ways To...

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