Fed Governor Waller Inclined to Lower the Fed Funds Rate at the Next FOMC Meeting
During a speech this week, Fed Governor Christopher Waller expressed his belief that monetary policy remains restrictive and that rate cuts should continue over the next year.
Powell Highlights Progress on Inflation; Reiterates the Job is Not Yet Finished
In his latest speech on Thursday, Federal Reserve Chair Jerome Powell reiterated that the economy is in a good place, the labor market remains strong, and that inflation remains on a downward path, albeit the road to its 2% target may prove bumpy along the way.