Fed’s Waller says market has overreacted to consumer inflation data
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week.“The market seems to have gotten way out in front over this one CPI report. Everybody should just take a deep breath, calm down. We’ve got a ways to go ” Waller said.
Waller said it was good there was some evidence that inflation was coming down, but noted that there were other times over the past year where it looked like inflation was turning lower. The Fed is focused on how high rates need to get to bring inflation down, and that will depend solely on inflation, he said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fed's Waller: Markets are 'way out in front'Federal Reserve Governor Christopher Waller crossed the wires and said Friday's inflation report was 'just one data point,' and that markets are 'way
Leer más »
Fed's Waller: May cut size of hikes, but not 'softening' fight against inflationThe Fed may consider slowing the pace of rate increases at its next meeting but that should not be seen as a 'softening' of its battle against inflation, Federal Reserve Gov. Christopher Waller said on Sunday.
Leer más »
Michael J. Fox & Christopher Lloyd Debut BTTF Merch With New ImagesMichael J. Fox and Christopher Lloyd are reuniting for a specialized collection of BackToTheFuture merchandise.
Leer más »
Fred Armisen Studied Christopher Lloyd’s Uncle Fester for ‘Wednesday’Snap, snap! Fred Armisen studied Christopher Lloyd's interpretation of TheAddamsFamily's Uncle Fester before jumping into the role for the upcoming Wednesday series.
Leer más »
U.S. Customs and Border Protection commissioner resignsCommissioner Chris Magnus has been criticized internally as being out of touch with the agency -- and publicly for the handling of the U.S./Mexico border.
Leer más »