Fed Governor Christopher Waller said recent economic data support keeping rates on hold, but if inflation behaves as it did in 2024, policymakers can get back to cutting “at some point this year”
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They should be worried about deflation...Cut tens of thousands of jobs and the salaries that businesses and families depend on. Make all your allies mad, impose tariffs, get rid immigrants who do the jobs, get rid of national security, health care, education. Who is buying discretionary items?
Unfortunately for us all, inflation will not be tamed any time soon due to the policies Trump has initiated and championed. Tariffs raise prices. This is not in debate.
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