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post: WALLER: PROBABILITY OF A RECESSION SEEMS TO HAVE DISAPPEARED post: Fed’s Waller: 10 Year Treasury Rate Has Risen; That’s Where You See Potential Effects on Tightening Fed’s Waller: Disconnect About How People Think About Speed of Rate Hikes Versus Expected Rate Cuts
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Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that he does not think further interest rate increases will be necessary. However, the policymaker added he will need some convincing before he backs cuts anytime soon. “Central bankers should never say never, but the data suggests ...
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