November 14, 2024 at 12:06PM
Must be mindful of both sides of the mandate right now
If labour market sputters, appropriate to gradually reduced rates
But if disinflation progress stalls, it could call for a pause to rate cuts
There has been ‘considerable progress’ on easing inflation pressures
But housing and other factors may complicate things
This article was written by Justin Low at www.forexlive.com.
Fed’s Kugler: If disinflation progress stalls it could call for a pause to rate cuts
