Federal Reserve Governor Christopher Waller indicated that the pace of interest rate cuts may decelerate if the economy shows resilience or if the job market improves.
Waller noted that sustaining economic strength could influence the timing and extent of future rate reductions. He emphasized that robust GDP performance could lead the Federal Reserve to be more cautious in implementing cuts.
In his remarks, Waller highlighted the importance of monitoring employment trends, suggesting that a stronger job market could impact the decision-making process regarding interest rates. He underscored the need for careful evaluation of both economic indicators.
The governor’s comments come amidst ongoing discussions about monetary policy and its implications for inflation and economic growth. Waller’s insights contribute to the broader conversation about the Federal Reserve’s future actions in response to changing economic conditions.
