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> Fed Governor Christopher Waller says he's prepared to take rates past 'neutral' to fight inflation Good cop, bad cop: "Bullard says U.S. Fed could cut rates
by fosk 4y ago
> Fed Governor Christopher Waller says he's prepared to take rates past 'neutral' to fight inflation
Good cop, bad cop: "Bullard says U.S. Fed could cut rates in 2023, 2024 once inflation under control"
https://www.theglobeandmail.com/business/international-business/us-business/article-bullard-says-us-fed-could-cut-rates-in-2023-2024-once-inflation-under/ https://www.theglobeandmail.com/business/international-busin...
- lamontcg 4y ago"once inflation under control" is the key qualifier there. given the rise in wages and overhang in jobs i don't think getting inflation under control will be easy. "US fed could cut rates in 2023, 2024 once the economy has been pushed into a deep recession" is how I read that statement.