Federal Reserve Board Governor Christopher Waller
- expect tariffs to have modest and non-persistent impact on prices that Fed should try to look through in setting policyrecent CPI disappointing, but could be the result of seasonal adjustment issuesexpect disinflation and rate cuts to resume this yearnot putting much weight on January retail sales given impact of cold weatherlabor market remains strong, solid growth appears to be continuing in first quarter of 2025Fed cannot let uncertainty about policy paralyze action that is otherwise appropriate, must be guided by data
Headlines via Reuters
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Waller setting himself up to cut further. There was no guide to timing in his comments, apart form more cuts ‘this year’. Thee are 10.5 months to go so that doesn’t really narrow it down. Data dependence he says. K, tks.
This article was written by Eamonn Sheridan at www.forexlive.com.
