Moe from Fed’s Waller: Exact timing of rate cut doesn’t matter a lot

More from Fed Gov. Waller:

  • Exact timing of rate cut doesn’t matter a lot.
  • Key to easing when conditions just defy it
  • Labor market is in a sweet spot, firms have the workers they want
  • It is important for the Fed to maintain current labor market conditions.
  • We have done our job with the high rates, open question about timing of cut

This article was written by Greg Michalowski at www.forexlive.com. Source