Home News Fed’s Waller: Inflation Progress Has Been Slow

Fed’s Waller: Inflation Progress Has Been Slow

February 18, 2025

by Joshua Gibson
FX Street

Federal Reserve (Fed) Board of Governors member Christopher Waller noted late Monday that while inflation progress has been made, it has been “excruciatingly” slow.

Key highlights

Fed must not let uncertainty about policy paralyze action guided by data.

Inflation progress in past year excruciatingly slow.

Recent cpi disappointing, but could be the result of seasonally adjusted issues.

Cuts appropriate in 2025 if inflation repeats 2024 pattern.

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