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Waller: Challenges Facing Central Bankers
Thank you, Alvaro, and thank you for the honor of initiating this new series of lectures from central bankers. I will begin with a few words on the U.S. economic outlook and the implications for monetary policy. But on this occasion, I thought it appropriate to then widen my perspective, to address what I see as the leading challenges that OECD economies face that are of particular importance to central bankers in how we approach monetary policy and our other responsibilities. I continue to believe that the U.S. economy is on a solid footing. Real gross domestic product (GDP) growth has been above 2 percent for eight ... (full story)
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*FED’S WALLER: WILL SUPPORT FURTHER CUTS IN 2025, PACE DEPENDS ON DATA
— DB News TradFi (@DBNewswire) January 8, 2025
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Chris Waller says he expects inflation to continue declining to 2% and doesn’t sound — at all — like someone ready to declare or even hint at an end to cuts.
— Nick Timiraos (@NickTimiraos) January 8, 2025
Key quote: “My bottom-line message is that I believe more cuts will be appropriate.”
On the inflation forecast, Waller…
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— FinancialJuice (@financialjuice) January 8, 2025FED'S WALLER: GEOPOLITICAL CONFLICTS AND TARIFFS COULD BE A SOURCE OF RENEWED PRICE PRESSURE.
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FED'S WALLER/OECD: MUST 'LOOK IN EVERY DIRECTION' AND BE 'NIMBLE;' 'E MUST MOVE DELIBERATELY AND ALSO BE READY TO ACT QUICKLY' #Waller #FederalReserve #economy
— Mace News (@MaceNewsMacro) January 8, 2025