Fed Governor Waller: Opposes rate cut this month, but there is no problem with the expectation of two rate cuts within two years

PANews March 7 news, according to Jinshi, Federal Reserve Governor Waller said on Thursday that he strongly opposed the Fed's interest rate cut at its upcoming policy meeting this month, although he believes that if inflationary pressures continue to weaken, a rate cut is still expected later this year. Waller said that he simply does not have enough inflation data to judge whether interest rates should be cut, especially under the huge uncertainty caused by US President Trump's trade policy. In the long run, Waller said that the monetary policy outlook put forward by officials at the December meeting still looks credible. He pointed out that the forecast will be two rate cuts this year and next year, and he said, "I don't think there is anything wrong with this number, even if the actual results are slightly different." The Fed governor also said that when measuring inflation expectations, he pays more attention to market indicators than survey data. In this regard, the information priced in by the market shows that traders and investors believe that the goals of Trump's current policies have no real impact on long-term inflation.

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Author: PA一线

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