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Federal Reserve Governor Lisa Cook and Governor Christopher Waller have expressed caution regarding interest rate cuts. Cook highlighted the risks of cutting rates too soon or too late, emphasizing the need for a balanced approach to achieve employment and inflation goals. Waller echoed a similar sentiment, stating there is no rush to lower rates and that recent economic data should guide the decision-making process.
Federal Reserve Governor Christopher Waller said there is no rush to lower interest rates, emphasizing that recent economic data warrants delaying or reducing the number of cuts seen this year. https://t.co/LavQmtgTo3 via @economics
"The Fed would rather cut too late and risk slight economic weakness than cut too soon and risk a resurgence of inflation," says @KobeissiLetter's @TKL_Adam as Fed Governor Waller still sees "no rush" to cut interest rates. https://t.co/T9RIcfSzQ5
🔴 FED'S WALLER: ECONOMY IS NOT GIVING FED CASE TO PURSUE BIG RATE CUTS.
