Gold Finance reported that Federal Reserve Director Waller said that cutting interest rates by 50 basis points is the right move to maintain economic strength; the inflation data announced during the silent period tends to greatly lower interest rates; the future extent of interest rate cuts will depend on the upcoming data release.
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Fed Board Member Warrell: The extent of future rate cuts will depend on the data to be released soon.
Gold Finance reported that Federal Reserve Director Waller said that cutting interest rates by 50 basis points is the right move to maintain economic strength; the inflation data announced during the silent period tends to greatly lower interest rates; the future extent of interest rate cuts will depend on the upcoming data release.