RSS Fed's Waller: Will support further cuts in 2025 but pace will depend on inflation progress

Currently reading:
 RSS Fed's Waller: Will support further cuts in 2025 but pace will depend on inflation progress

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
10,920
Likes
1,923
Credits
33,612©
Cash
0$
  • Will support further cuts in 2025 but pace will depend on inflation progress.
  • Inflation will continue to make progress towards 2%.
  • Base effects will improve inflation in 2025.
  • Recent monthly and short-term data indicates improvement to come.
  • Although the recent inflation progress has been slow, much of that is due to imputed prices for housing and non-market services that are less reliable guide to underlying price pressures.
  • Geopolitical conflicts and tariffs could be a source of renewed price pressure.
  • The economy is overall on a solid footing, nothing suggests labour market will weaken dramatically in coming months.
  • Central bankers have a broad set of challanges ahead, from aging populations to geopolitical conflicts and challanges to globalization.
  • Do not expect tariffs to produce persistent inflation and thus are not likely to influence views on appropriate monetary policy.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
 
Status
Not open for further replies.
Tips

Similar threads

Top Bottom