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DeepNewz, mobile.
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Federal Reserve official Waller stated that the exact timing of a rate cut is not crucial, emphasizing the importance of the decision to cut rates. The Fed has completed its job with high rates, and the extent of rate cuts once initiated remains uncertain.
FED'S BARKIN: NO SINGLE 25-BASIS-POINT INTEREST RATE CUT MATTERS ONE WAY OR THE OTHER; THE ISSUE IS WHEN TO CHANGE THE NARRATIVE.
Fed's Waller: ‘We've Done Our Job With The High Rates, Open Question About Timing Of Cut’ - How Far We Cut Rates Once We Begin Is Still An Open Question
Moe from Fed's Waller: Exact timing of rate cut doesn't matter a lot https://t.co/k897IrhjjM
