Fed governors differ on best way to deal with Trump uncertainty
Waller says monetary policy can’t be “put on hold”, but Bowman calls for wait-and-see approach
In speeches on February 17, two members of the US Federal Reserve board of governors had differing views about how uncertainty over president Donald Trump’s policies should inform monetary policy.
Addressing an audience in Sydney, Australia, Christopher Waller said monetary policy could not be “put on hold” amid continued uncertainty over the administration’s policies and their impact on the economy.
“We need to act based on incoming data even when facing great uncertainty about the economic
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