Fed'S Waller On Interest Rate Cut 2024 News. Waller said that while his view of the policy outlook was “consistent” with the fed’s december projection that it would cut interest rates three times this year, “the timing of. Jerome powell’s power grows after fed endorses interest rate cut by craig torres and bloomberg all but one of the 12 voting members supported powell’s bid to.

Federal reserve policymakers should delay interest rate cuts by at least another couple more months to see if a recent uptick in inflation signals stalling. Some of the fed’s decision to make a large rate cut this week was rooted in the job market — unemployment has ticked up to 4.2 percent, up notably from a low of.