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Fed’s Waller Says Rates Won’t Be Cut to Ease U.S. Fiscal Deficit Burden

Source
JH Kim

Summary

  • Federal Reserve Governor Christopher Waller said interest rates will not be cut to ease the burden of the government’s fiscal deficit.
  • Waller said the Fed will not lower interest rates for the purpose of helping finance the U.S. government’s fiscal deficit.
  • Walter Bloomberg reported on July 6 that Waller said the Fed’s interest-rate decisions are unrelated to supporting government finances.

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Federal Reserve Governor Christopher Waller said the central bank will not cut interest rates to ease the burden of the U.S. government’s fiscal deficit.

Walter Bloomberg reported on July 6 that Waller said, “The Fed will not lower interest rates for the purpose of helping finance the U.S. government’s fiscal deficit.”

Photo: Shutterstock
Photo: Shutterstock
#Interest Rate
#Macroeconomy
#Policy
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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