Waller: Good economic arguments that if inflation continues falling for several more months that you could lower policy rate

Waller: Good economic arguments that if inflation continues falling for several more months that you could lower policy rate

WALLER: GOOD ECONOMIC ARGUMENTS THAT IF INFLATION CONTINUES FALLING FOR SEVERAL MORE MONTHS THAT YOU COULD LOWER POLICY RATE
— *Walter Bloomberg (@DeItaone) November 28, 2023

Added at 9:41am

Waller: "If inflation goes down, you would lower the policy rate. There’s no reason to say you would keep it really high if inflation’s back to target, for example."
— Nick Timiraos (@NickTimiraos) November 28, 2023

Added at 9:41am

Fed governor Chris Waller on rate cuts:

"If you see this [lower] inflation continuing for several more months, I don't know how long that might be—3 months? 4 months? 5 months?—you could then start lowering the policy rate because inflation's lower." https://t.co/4ZQOFRzlza
— Nick Timiraos (@NickTimiraos) November 28, 2023

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MatTrader101

Nov 28, 2023 9:49am

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Quoting BillyIdol

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It's over for dollar.

Ignored

Wouldn't be so hasty, ECB will soon have to follow suit, with France and Germany being in deep recession.

It will be who goes to the bottom first, inflation will pick back up and it's game over, there won't be stopping it this time.

woody70

Nov 28, 2023 10:38am

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I hate to spoil the news but the dollar is not going anywhere. When things get tough they just print some more money, and when that doesn't work just cook the books to say what you need them to say on news day. Stop trying to determine the strength of the dollar against other currencies. Just trade what you see on the higher timeframes and you will be good.