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Benzinga
Benzinga
Business
Vishaal Sanjay

Fed's Christopher Waller Floats 5 More Rate Cuts To Reach Neutral: '125 Basis Points To Go' — Sees Disinflation, Labor Softness Ahead

Christopher Waller Inflation US Federal Reserve
Federal,Reserve,Building,At,Washington,D.c.,On,A,Sunny,Day.

Federal Reserve Governor Christopher Waller suggested the central bank may need to cut rates by as much as 125 basis points to reach a more neutral policy stance, citing signs of disinflation and softening labor demand.

‘125 Basis Points’ To Reach Neutral

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