Fed Waller says 3-month rate near 2.8 would be acceptable
Fed’s Waller said he does not want to “put a number on it,” but if the 3-month measure reaches 2.8 that would be fine. He highlighted waiting for disinflation after revisions and risk management.
Might See A Significant Drop In Core With Revisions Give Disinflation A Chance, We Can Wait One Meeting This Is Risk Management But Not Taking Big Chances