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Fed's Waller anticipates rate cuts starting September amid economic concerns

1 min read
Source: Reuters
Fed's Waller anticipates rate cuts starting September amid economic concerns
Photo: Reuters
TL;DR Summary

Federal Reserve Governor Christopher Waller supports a 25 basis point rate cut in September and anticipates additional cuts over the next 3-6 months to move towards a neutral policy stance, citing signs of a weakening labor market and stable inflation as reasons for easing monetary policy.

Topics:business#economy#federal-reserve#inflation#interest-rates#labor-market#rate-cuts
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  1. Fed's Waller sees rate cuts over next 3-6 months, starting in September  Reuters
  2. Federal Reserve Governor Speaks at Economic Club of Miami  C-SPAN
  3. Fed’s Waller backs a series of interest-rate cuts over the next six months  MarketWatch
  4. Federal Reserve’s Christopher Waller says he could back jumbo rate cut if US economy weakens sharply  Financial Times
  5. Fed’s Waller Sees Quarter-Point Cut in September, Then More  Bloomberg.com

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